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An Econometric Classification and Review of International Tourism Demand Models

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  • Christine Lim

    (Department of Economics, University of Western Australia, Nedlands, Perth, Western Australia 6907)

Abstract

The purpose of the paper is to provide an econometric classification and evaluation of 100 published empirical studies on modelling international tourism demand, according to the recognition and type of omitted explanatory variables, number and type of proxy variables used, method of estimation, and use of various diagnostic tests of the auxiliary assumptions of the various models. An analysis of the adequacy of model specifications and the statistical deficiencies of existing empirical tourism demand models will permit a greater appreciation of the factors which determine changes in international tourism demand and will aid in forecasting future tourism demand.

Suggested Citation

  • Christine Lim, 1997. "An Econometric Classification and Review of International Tourism Demand Models," Tourism Economics, , vol. 3(1), pages 69-81, March.
    • Handle: RePEc:sae:toueco:v:3:y:1997:i:1:p:69-81
    DOI: 10.1177/135481669700300105
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    References listed on IDEAS

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    1. Stephen F. Witt, 1980. "An econometric comparison of uk and german foreign holiday behaviour," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 1(3), pages 123-131, September.
    2. Anonymous, 1965. "International Monetary Fund," International Organization, Cambridge University Press, vol. 19(4), pages 1052-1056, October.
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