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The functional specification of international tourism demand models

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  • Lim, Christine

Abstract

This paper analyses international tourism for various countries, the type of data used, and the functional specification of international tourism demand models, in particular, the use of linear vs. log-linear regression models, the use of proxy variables, and the implications of including and omitting proxy variables.

Suggested Citation

  • Lim, Christine, 1997. "The functional specification of international tourism demand models," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 43(3), pages 535-543.
    • Handle: RePEc:eee:matcom:v:43:y:1997:i:3:p:535-543
    DOI: 10.1016/S0378-4754(97)00042-6
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    References listed on IDEAS

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    1. Godfrey, Leslie G & McAleer, Michael & McKenzie, Colin R, 1988. "Variable Addition and LaGrange Multiplier Tests for Linear and Logarithmic Regression Models," The Review of Economics and Statistics, MIT Press, vol. 70(3), pages 492-503, August.
    2. Garber, Steven & Klepper, Steven, 1980. "Extending the Classical Normal Errors-in-Variables Model," Econometrica, Econometric Society, vol. 48(6), pages 1541-1546, September.
    3. McAleer, Michael, 1994. "Sherlock Holmes and the Search for Truth: A Diagnostic Tale," Journal of Economic Surveys, Wiley Blackwell, vol. 8(4), pages 317-370, December.
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    Cited by:

    1. Nishaal Gooroochurn & Guntur Sugiyarto, 2005. "Competitiveness Indicators in the Travel and Tourism Industry," Tourism Economics, , vol. 11(1), pages 25-43, March.
    2. Christine Lim & Michael McAleer, 2003. "Modelling International Travel Demand from Singapore to Australia," CIRJE F-Series CIRJE-F-214, CIRJE, Faculty of Economics, University of Tokyo.

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