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논문 기본 정보

자료유형
학술대회자료
저자정보
Sarath Divisekera (Victoria University) Van Nguyen (Victoria University)
저널정보
한국호텔외식관광경영학회 한국호텔외식경영학회 학술발표논문집 한국호텔외식관광경영학회 2015년도 춘계학술대회
발행연도
2015.6
수록면
305 - 328 (24page)

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This paper analyses the economic determinants of domestic demand for leisure tourism by Australians distinguished by the state of origin. A conceptual framework for the study is drawn from the neoclassical economic theory of consumer behaviour and a system of demand equations that represent key tourists’ consumption bundles—viz: food, accommodation, transportation, shopping, and entertainment—are developed. Nine demand systems were estimated, eight based on regional data representing the eight regions, and one aggregate (national) model based on a pooled sample. Estimated models are statistically significant and the derived elasticities are theoretically consistent and empirically plausible. The estimated own price elasticities across the eight states and territories reveal price inelastic demand for the five commodity aggregates. In contrast, income elasticities reveal relatively elastic demand for the commodity aggregates. Further, there are significant variations in the degree of income elasticity across the states and territories implying that tourists from different origins may have varying preferences for the tourism goods and services. The cross-price elasticities derived from all models reveal gross complementarity of demands. This implies that tourists’ overall utility depends on their joint consumption of a bundle of goods and services. The observed relatively price-inelastic demands, coupled with the apparent complementarity of demands, may reflect the possibility that a latent price sensitivity is associated with tourist demand.

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ABSTRACT
I. INTRODUCTION
II. DOMESTIC TOURISM IN AUSTRALIA: AN OVERVIEW
III. CONCEPTUAL FRAMEWORK AND THE MODEL
IV. EMPIRICAL RESULS
V. SUMMARY AND CONCLUDING REMARKS
REFERENCES

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UCI(KEPA) : I410-ECN-0101-2016-325-002374568