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Modelling Australian Domestic Tourism Demand : A Panel Data Approach, David E. Allen, Ghialy Yap
Modelling Australian Domestic Tourism Demand : A Panel Data Approach, David E. Allen, Ghialy Yap
Research outputs pre 2011
This study estimates the income and tourism price elasticities of demand for Australian domestic tourism using a panel data approach. Given that about 76% of total tourism revenue in Australia is generated by domestic tourism, it is worthwhile examining whether changes in Australian households’ income and the prices of domestic travel can influence the demand for domestic travel. The research employs a panel data approach. This method has been widely employed in the literature on international tourism demand, but thus far, has not appeared in the context of the domestic tourism demand literature. The model used for this study is …