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Economic Analysis of International Tourism

Vu, Jo and Turner , Lindsay W (2010) Economic Analysis of International Tourism. Journal of International Marketing and Exporting , 15 (1). ISSN 1324-5864 (print) 1832-2174 (online)

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Abstract

The economic development of world regions has increasingly been linked to tourism development and particularly the volume of tourist arrivals. International Tourism is a form of trade that represents exports as tourist arrivals. It has often been assumed that most world regional international tourism flows from the developed to the underdeveloped world, and forms a process of foreign exchange income from developed to underdeveloped economies. This paper attempts to test whether the volume of flow does tend to indicate over time a movement of tourism trade in favour of the developing countries. Principal components analysis is used to produce an empirical summary of the data set. The analysis of world international tourism is an identification of the economic and tourism structure of countries through the identification of the main structural components and the subsequent clustering of countries on these components.

Item Type: Article
Uncontrolled Keywords: ResPubID20375, economic analysis, international tourism, economic development
Subjects: Faculty/School/Research Centre/Department > School of Economics and Finance
FOR Classification > 1402 Applied Economics
FOR Classification > 1506 Tourism
SEO Classification > 9003 Tourism
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Depositing User: VUIR
Date Deposited: 28 May 2012 06:50
Last Modified: 28 May 2012 06:50
URI: http://vuir.vu.edu.au/id/eprint/7246
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