 The major determinants of Korean outbound travel to AustraliaChristine Lim Mathematics and Computers in Simulation (MATCOM), 2004, vol. 64, issue 3, 477-485 Abstract: The aims of the paper are two-fold, namely to analyse the seasonal patterns of tourist arrivals from South Korea to Australia, and to use econometric time series modelling to quantify the factors affecting the flow of international tourists between Australia and Korea. Estimates of the effects of changes in income, relative prices, exchange rates, seasonality and other factors are provided, and the significance of these explanatory variables is tested. Adequate seasonally unadjusted quarterly time series data are required for extended periods to generate more accurate estimates of the range of explanatory variables, and to examine seasonal variations in international tourism demand. Since international tourist flows from South Korea have become an important source of the inbound tourist market, such information is vital to the Australian tourist industry, governments and tourism commissions, which need reliable estimates in order to take effective measures to stimulate tourism. Keywords: Korean outbound tourism; Socio-institutional factors; Seasonality; Economic variables; Elasticities (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:matcom:v:64:y:2004:i:3:p:477-485 DOI: 10.1016/S0378-4754(03)00113-7 Access Statistics for this article Mathematics and Computers in Simulation (MATCOM) is currently edited by Robert Beauwens More articles in Mathematics and Computers in Simulation (MATCOM) from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.