Seetaram, N., 2012. Immigration and Tourism Demand: Empirical Evidence from Australia. Tourism Management.
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Immigration can potentially influence tourism flows. However, in spite of the vast number of studies on tourism demand modelling, the immigration-tourism linkage has not received much attention in the empirical literature. This paper seeks to address this gap. A dynamic demand model is developed and estimated using data from 1980 to 2008 for the 15 main markets of Australia. The explanatory variables included are income, own price, price of a substitute destination, airfare and immigration. The estimation results empirically establish the connection between immigration and inbound tourism. The short run and long-run immigration elasticities generated are 0.028 and 0.09 respectively. Additionally this paper demonstrates that omission of prices of substitutes affects the value of the own price elasticity of demand. The results have implications for future research and for stakeholders who can improve the efficiency of their planning exercises by taking into account additional information on immigration trends.
|Additional Information:||An earlier version of this paper was presented at the German Aviation Research Society (GARS) Conference 2009 where it won the Hamburg Airport Prize for best PhD paper.|
|Uncontrolled Keywords:||Immigration; Tourism demand; Dynamic panel data; Price of substitutes; Australia|
|Subjects:||Social Sciences > Economics|
Social Sciences > Tourism
|Group:||School of Tourism|
|Deposited By:||Dr. Neelu Seetaram|
|Deposited On:||26 Apr 2012 16:18|
|Last Modified:||07 Mar 2013 15:55|
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