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Abstract

In the face of the world recession, this article concentrates on analyzing and forecasting demand for outbound traveling in Australia, Canada, United States, Japan, and the EU-15 countries in terms of tourism imports at constant prices and exchange rates. Drawing on an analysis of the macroeconomic ...

Author(s)
Smeral, E.
Publisher
Sage Publications, Thousand Oaks, USA
Citation
Journal of Travel Research, 2010, 49, 1, pp 31-38
Abstract

This study assumes that tourists' demand reactions to income and price changes are asymmetric at different phases of the business cycle. In order to test this hypothesis, we analyzed the demand for international tourism in five source markets using a modified growth rate (MGR) model. The empirical...

Author(s)
Smeral, E.; Song HaiYan
Publisher
Wiley-Blackwell, Chichester, UK
Citation
International Journal of Tourism Research, 2015, 17, 2, pp 140-150
Abstract

The focus of this study is on presenting causes and hypotheses for the existence of asymmetric income and price effects on tourism demand across business cycles. The theoretical assumptions were tested by analyzing tourism import demand in different source markets, drawing on econometric models...

Author(s)
Smeral, E.
Publisher
Elsevier Ltd, Oxford, UK
Citation
Annals of Tourism Research, 2012, 39, 1, pp 379-400