Income elasticity of demand for tourism at Fulufjället National Park

Fredman, Peter; Wikström, Daniel

doi:10.1177/1354816617724012

Cited by 10 publications

(7 citation statements)

References 38 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Certainly, we can find destination-specific studies (e.g. Liu, 2016or Fredman & Wikström, 2018 but income elasticities at an intermediate, i.e. regional/provincial dimension are not common.…”

Section: Income Elasticity In Tourismmentioning

confidence: 86%

“…Knowing the income elasticity of the origin markets allows local authorities to prepare and react to a foreseeable major drop in inbound flows in the event of an economic recession (Dougan, 2007;Lim, Min & McAleer, 2008;Saayman & Saayman, 2015;Smeral, 2009). The second application relates to destination marketing: the calculation of market-specific income elasticities aids in market segmentation (Álvarez-Díaz, González-Gómez & Otero-Giráldez, 2015;Lin, Liu & Song, 2015;Fredman & Wikström, 2018). It has been well-established that income elasticities change across origin countries (Jensen, 1998;Smeral, 2003;Smeral, 2014) as they are sensitive to income levels and business cycles.…”

Section: Income Elasticity In Tourismmentioning

confidence: 99%

See 1 more Smart Citation

The income elasticity gap and its implications for economic growth and tourism development: the Balearic vs the Canary Islands

Inchausti-Sintes

Voltes-Dorta

Suau-Sánchez

2020

Current Issues in Tourism

View full text Add to dashboard Cite

The Balearic and the Canary Islands are two well-known tourism-led economies. They both experienced a tourism boom during the same decades, and, hence, they developed a similar productive-mix. Nevertheless, there are strong economic differences between the two regions. While the Balearic Islands enjoy a high GDP per capita, the Canary Islands show a more modest performance. The results of a panel data regression confirm our hypothesis that they differ substantially in terms of income elasticity of tourism. It is two times higher in the Balearic Islands than in the Canaries, which indicates the first is perceived as a more luxurious destination. Furthermore, the results of a dynamic computable general equilibrium model show that the Canaries would converge in GDP per capita with the Balearic Islands if they attracted tourists with a similar profile as the latter.

show abstract

Section: Income Elasticity In Tourismmentioning

confidence: 86%

Section: Income Elasticity In Tourismmentioning

confidence: 99%

The income elasticity gap and its implications for economic growth and tourism development: the Balearic vs the Canary Islands

Inchausti-Sintes

Voltes-Dorta

Suau-Sánchez

2020

Current Issues in Tourism

View full text Add to dashboard Cite

show abstract

“…Theoretical, methodological and empirical aspects of the demand for tourist services were dealt with, among others, by the following authors: Cortés-Jiménez and Blake (2011), Schiff and Becken (2011), Nelson, Dickey and Smith (2011), Wu, Li and Song (2012, Baležentis et al (2012), Konovalova andVidishcheva (2013), Fuleky, Zhao andBonham (2014), Gatt and Falzon (2014), Untong et al (2014Untong et al ( , 2015, Peng et al (2015), Martins, Gan and Ferreira-Lopes (2017), Dogru, Mariyono (2017), Sirakaya-Turk and Crouch (2017), Khoshnevis Yazdi and Khanalizadeh (2017), Falk and Lin (2018), Fredman and Wikström (2018) and Kumar and Kumar (2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Econometric examination of the impact of income on household expenditures for package holidays in Serbia

Hanić¹,

Bugarčić²,

Lukić³

2021

EurJ Appl Econ

View full text Add to dashboard Cite

The subject of this paper is the econometric examination of the impact of income on expenditures, i.e. on the demand for package holidays of households in Serbia. The aim of this paper is to quantify the impact of income on household expenditures for package holidays in the country and abroad on the basis of alternative functional forms of Engel curves and elasticities derived from them. The starting research hypothesis is that with the increase in household income, the share of expenditures for tourist arrangements in total household expenditures in Serbia remains approximately unchanged. As sources of data, Household Budget Surveys in Serbia were used, which were conducted every year, starting from 2006 (until 2019). Based on the different functional forms of Engel curves, the parameters of the impact of income on expenditures for package arrangements were estimated, and then income elasticities were estimated. In addition to the impact of income, the impact of qualitative characteristics of households and especially household heads on expenditures for tourist arrangements was examined. With the help of appropriate statistical tests, the basic research hypothesis was proven and the influence of socio-economic and demographic characteristics of households on the demand for package holidays was quantified.

show abstract

“…Some scholars have empirically studied the impact of disasters on tourism. The authors [28][29][30][31] used time series and other methods to examine income, prices, exchange rates, fuel prices, inflation, and cultural proximity factors affecting tourism demand. Huang et al [32] studied the impact of the 1999 earthquake in Taiwan and found that the recovery period for the number of inbound tourists exceeded 11 months.…”

Section: Literature Reviewmentioning

confidence: 99%

Urbanization, Disasters, and Tourism Development: Evidence from RCEP Countries

Su²,

et al. 2020

Sustainability

View full text Add to dashboard Cite

This study analyzes urbanization, disasters, and their impact on tourism development for RCEP (Regional Comprehensive Economic Partnership) countries. We use ADF (Augmented Dickey-Fuller) and PP (Phillips-Perron) tests, causality tests, quantile regression, and fixed-effect panel models on data from 1995-2018. Empirical results show that urbanization does not help tourism development in the low quantiles but does help in the high quantiles. Disaster-preventive measures and post-disaster reconstruction help the development of tourism. However, in developed countries, disasters are not conducive to the development of tourism. Urbanization is the Granger cause of tourism and carbon emissions. The increase in temperature, rainfall, and carbon emissions caused by urbanization do not contribute to the development of tourism. Based on this, we have proposed a series of urbanization development and disaster defense measures to promote the sustainable development of tourism in RCEP countries.

show abstract

Income elasticity of demand for tourism at Fulufjället National Park

Cited by 10 publications

References 38 publications

The income elasticity gap and its implications for economic growth and tourism development: the Balearic vs the Canary Islands

The income elasticity gap and its implications for economic growth and tourism development: the Balearic vs the Canary Islands

Econometric examination of the impact of income on household expenditures for package holidays in Serbia

Urbanization, Disasters, and Tourism Development: Evidence from RCEP Countries

Contact Info

Product

Resources

About