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Abstract

This study develops a global vector autoregressive (global VAR or GVAR) model to quantify the cross-country co-movements of tourism demand and simulate the impulse responses of shocks to the Chinese economy. The GVAR model overcomes the endogeneity and over-parameterisation issues found in many ...

Author(s)
Cao Zheng; Li Gang; Song HaiYan
Publisher
Elsevier Ltd, Oxford, UK
Citation
Annals of Tourism Research, 2017, 67, pp 1-31
Abstract

This chapter presents a general equilibrium model that explicitly takes into consideration specific features of some developing countries (dualistic structure of the labour market, sectoral unemployment, inter-regional migrations, and competition between agriculture and tourism for labour and land) ...

Author(s)
Nowak, J. J.; Sahli, M.
Publisher
Edward Elgar Publishing Ltd, Cheltenham, UK
Citation
Tourism and sustainable economic development: macroeconomic models and empirical methods, 2008, pp 89-104
Abstract

Public policy makers in developing economies are often faced with the question of whether inbound tourism growth plays a catalytic role in the overall economic development. This article challenges the popular assumption, and the implicit assertion within much of the literature, that tourism is an...

Author(s)
Sahli, M.; Nowak, J. J.
Publisher
Sage Publications, Thousand Oaks, USA
Citation
Journal of Travel Research, 2007, 45, 4, pp 426-434
Abstract

A model has developed which investigates the impact of selected variables on international tourist flows, with particular reference to Turkey. Four independent variables were included: real per caput income of the tourist generating countries; exchange rates; relative prices between the generating...

Author(s)
Uysal, M.
Publisher
Bureau of Economic and Business Research, Graduate School of Business, University of Utah, Salt Lake City, Utah, USA
Citation
The battle for market share: strategies in research and marketing. Travel and Tourism Research Association, sixteenth annual conference, the Spa and Sheraton Plaza Hotels, Palm Springs, California, June 9-12, 1985., 1985, pp 55-60