Structural Change in Hong Kong's Inbound Tourism Demand Model: The Impact of the Asian Financial Crisis

Effects of News Shock on Inbound Tourist Demand Volatility in Korea

“…Many past studies have focused on international tourism demand forecasting using variables such as exchange rates, the GDP in the country of origin, the Consumer Price Index (CPI), income, transportation costs, special events, crime rates, weather conditions, and population size in predicting tourism demand (Hiemstra and Wong 2002;Jorgensen and Solvoll 1996;Kim and Qu 2002;Tan and Wong 2004;Uysal and Crompton 1985;Webber 2001;Witt and Witt 1995). The predictions for international tourism demand are well summarized in some studies (Crouch 1994b;Lim 1999;Witt and Witt 1995).…”