Estimating demand elasticities for Australia's international outbound tourism

This source preferred by Neelu Seetaram

Authors: Seetaram, N.

Journal: Tourism Economics

Volume: 18

Pages: 999-1015

ISSN: 1354-8166

In spite of the vast and growing literature on tourism demand, outbound tourism remains fairly under-researched. This paper highlights the usefulness of examining determinants of outbound tourism and develops a comprehensive dynamic demand model for international travel from Australia using panel data cointegration technique. The data used are for 47 destinations from 1991 to 2008. The aim is to compute robust demand elasticities. One of the contributions of this paper is that it demonstrates the role that immigration plays in determining international tourist departures from Australia. The estimated short run and long run immigration elasticities are 0.2 and 0.6 respectively.

This data was imported from Scopus:

Authors: Seetaram, N.

Journal: Tourism Economics

Volume: 18

Issue: 5

Pages: 999-1017

ISSN: 1354-8166

DOI: 10.5367/te.2012.0161

In spite of the vast and growing literature on tourism demand, outbound tourism remains relatively under-researched. This paper highlights the usefulness of examining determinants of outbound tourism and develops a comprehensive dynamic demand model for international travel from Australia using the panel data cointegration technique. The data represent 47 destinations for the period 1991-2008. The aim is to compute robust demand elasticities. One of the contributions of the paper is that it demonstrates the role immigration plays in determining international tourist departures from Australia. The estimated short-run and long-run immigration elasticities are 0.2 and 0.6, respectively.

This data was imported from Web of Science (Lite):

Authors: Seetaram, N.

Journal: TOURISM ECONOMICS

Volume: 18

Issue: 5

Pages: 999-1017

ISSN: 1354-8166

DOI: 10.5367/te.2012.0161

The data on this page was last updated at 04:42 on September 26, 2017.