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A Meta-Analysis of International Tourism Demand Elasticities.

Authors :
Peng, Bo
Song, Haiyan
Crouch, Geoffrey I.
Witt, Stephen F.
Source :
Journal of Travel Research; Sep2015, Vol. 54 Issue 5, p611-633, 23p
Publication Year :
2015

Abstract

This study uses meta-analysis to examine the relationship between estimated international tourism demand elasticities and the data characteristics and study features that may affect such empirical estimates. By reviewing 195 studies published during the period 1961–2011, the meta-regression analysis shows that origin, destination, time period, modeling method, data frequency, the inclusion/omission of other explanatory variables and their measures, and sample size all significantly influence the estimates of the demand elasticities generated by a model. Moreover, the demand elasticities at both product and destination levels are generalized by statistically integrating previous empirical estimates. The findings of this meta-analysis will be useful wherever an understanding of the drivers of tourism demand is critically important. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00472875
Volume :
54
Issue :
5
Database :
Complementary Index
Journal :
Journal of Travel Research
Publication Type :
Academic Journal
Accession number :
108887650
Full Text :
https://doi.org/10.1177/0047287514528283