IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v4y1998i2p101-130.html
   My bibliography  Save this article

Income and Price Elasticities by Nationality for Tourists in Denmark

Author

Listed:
  • Thomas C. Jensen

    (AKF, Institute of Local Government Studies, Nyropsgade 37, DK-1602 Copenhagen V, Denmark)

Abstract

This paper presents estimates of income and price elasticities for the six most important nationalities visiting Denmark as tourists. The estimates are based on two different measures of the Danish tourism revenue: the number of nights spent and the currency exchange statistics. The explanatory variables are prices and income abroad. The estimates vary considerably across nationalities. For German tourists, who account for the largest share in Danish tourism, the estimates for price elasticities are quite high: the long-run price elasticity with respect to the prices in Denmark is close to −1.5 and the long-run income elasticity is found to be near 2.

Suggested Citation

  • Thomas C. Jensen, 1998. "Income and Price Elasticities by Nationality for Tourists in Denmark," Tourism Economics, , vol. 4(2), pages 101-130, June.
  • Handle: RePEc:sae:toueco:v:4:y:1998:i:2:p:101-130
    DOI: 10.1177/135481669800400201
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/135481669800400201
    Download Restriction: no

    File URL: https://libkey.io/10.1177/135481669800400201?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sørensen, Nils Karl, 2002. "Modelling and seasonal forecasting of monthly hotel nights in Denmark," ERSA conference papers ersa02p114, European Regional Science Association.
    2. Song, Haiyan & Witt, Stephen F. & Jensen, Thomas C., 2003. "Tourism forecasting: accuracy of alternative econometric models," International Journal of Forecasting, Elsevier, vol. 19(1), pages 123-141.
    3. Leiv Opstad & Randi Hammervold & Johannes Idsø, 2021. "The Influence of Income and Currency Changes on Tourist Inflow to Norwegian Campsites: The Case of Swedish and German Visitors," Economies, MDPI, vol. 9(3), pages 1-13, July.
    4. Schiff, Aaron & Becken, Susanne, 2011. "Demand elasticity estimates for New Zealand tourism," Tourism Management, Elsevier, vol. 32(3), pages 564-575.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:toueco:v:4:y:1998:i:2:p:101-130. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.