Economics, Econometrics and Finance
6 years ago

Australia and EU tourists sensitive to price, USA market not influenced.

1 view
Journal of Indonesian Tourism Hospitality and Recreation
TOURISM DEMAND MODELING: PRICE AND INCOME ELASTICITY
Ahmad Hudaiby Galih Kusumah

Paper Summary

The tourism demand model in Australia and EU is sensitive to price changes, while the USA market is less affected by price. Income changes do not significantly impact tourism demand in these markets.

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