Economic effects of advertising on tourism demand: a case study
Divisekera, Sarath and Kulendran, Nada (2006) Economic effects of advertising on tourism demand: a case study. Tourism Economics, 12 (2). pp. 187-205. ISSN 1354-8166Full text for this resource is not available from the Research Repository.
The objective of this study is to quantify the long-term effects of advertising on tourism demand. A single equation demand model is specified which includes advertising as an explanatory variable along with other economic determinants of demand, prices and incomes. Using the Phillip-Hanson procedure, long-run elasticities of demand are estimated for Australian tourism from its major markets - Japan, New Zealand, the UK and the USA. The results indicate that Japanese and New Zealand tourists are more responsive to advertising than UK and US tourists and that they are also highly sensitive to prices compared with UK and US tourists.
|Uncontrolled Keywords:||ResPubID10780, economics of tourism promotion, economics of advertising, tourism demand modelling, effects of tourism advertising|
|Subjects:||Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1599 Other Commerce Management, Tourism and Services
FOR Classification > 1401 Economic Theory
|Date Deposited:||23 Apr 2012 02:28|
|Last Modified:||06 May 2013 03:09|
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|Citations in Scopus:||10 - View on Scopus|
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