IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v5y1999i3p251-260.html
   My bibliography  Save this article

A Simultaneous Model of Tourism Flow, Spending and Receipts

Author

Listed:
  • Raymond Y.C. Tse

    (Department of Building and Real Estate, Economics & Finance Group, Hong Kong Polytechnic University, Hung Horn. Hong Kong)

Abstract

It is generally accepted that more tourists will increase tourism receipts and more tourism receipts will, in turn, give rise to higher levels of domestic consumption. Tourists spend on goods and services within the destination; tourism acts as an export industry by bringing in new revenues from external sources. The amount of tourism expenditure that remains in an area provides a source of income to residents and businesses. Higher levels of tourist receipts in turn increase tourism spending outside the area. This paper, using econometric tests fitted to cross-sectional data (with 32 countries), shows that the number of tourists, tourism receipts and spending, as well as subsequent private domestic consumption, are closely linked. It also shows that both tourism spending abroad and receipts tend to increase with per capita income in the originating country.

Suggested Citation

  • Raymond Y.C. Tse, 1999. "A Simultaneous Model of Tourism Flow, Spending and Receipts," Tourism Economics, , vol. 5(3), pages 251-260, September.
    • Handle: RePEc:sae:toueco:v:5:y:1999:i:3:p:251-260
    DOI: 10.1177/135481669900500302
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/135481669900500302
    Download Restriction: no
    File URL: https://libkey.io/10.1177/135481669900500302?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. Ms. Evridiki Tsounta, 2008. "What Attracts Tourists to Paradise?," IMF Working Papers 2008/277, International Monetary Fund.
    2. Tihomir Stučka, 2002. "A Comparison of Two Econometric Models (OLS and SUR) for Forecasting Croatian Tourism Arrivals," Working Papers 8, The Croatian National Bank, Croatia.

    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:5:y:1999:i:3:p:251-260. 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.