A meta-analysis of international tourism demand elasticities
Peng, Bo and Song, H. and Crouch, G.I. and Witt, S.F. (2015) A meta-analysis of international tourism demand elasticities. Journal of Travel Research 54 (5), pp. 611-633. ISSN 0047-2875.
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Abstract
This study uses meta-analysis to examine the relationship between estimated international tourism demand elasticities and the data characteristics and study features that may affect such empirical estimates. By reviewing 195 studies published during the period 1961–2011, the meta-regression analysis shows that origin, destination, time period, modeling method, data frequency, the inclusion/omission of other explanatory variables and their measures, and sample size all significantly influence the estimates of the demand elasticities generated by a model. Moreover, the demand elasticities at both product and destination levels are generalized by statistically integrating previous empirical estimates. The findings of this meta-analysis will be useful wherever an understanding of the drivers of tourism demand is critically important.
Metadata
| Item Type: | Article |
|---|---|
| Keyword(s) / Subject(s): | tourism demand elasticities, data characteristics, study features, meta-analysis |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Innovation Management Research, Birkbeck Centre for |
| Depositing User: | Bo Peng |
| Date Deposited: | 01 Feb 2019 09:06 |
| Last Modified: | 02 Aug 2023 17:48 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/26054 |
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