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Sun, sand and September 11: a model of tourism demand for the Maldives

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  • Yusuf Riza
  • Alan King

Abstract

Tourism is a key source of income for many small island economies, and so it is important to understand its determinants in such countries. We estimate a tourism demand model for the Maldives' five main source markets and find that, in addition to the usual foreign income and own price variables, the cost of travel and of visiting alternative destinations (often missing from studies of this nature) almost always have a significant role. In addition, the country's own marketing efforts prove effective at influencing demand. Finally, we find evidence the War on Terror has persistently depressed demand from some markets.

Suggested Citation

  • Yusuf Riza & Alan King, 2010. "Sun, sand and September 11: a model of tourism demand for the Maldives," International Review of Applied Economics, Taylor & Francis Journals, vol. 24(2), pages 223-238.
    • Handle: RePEc:taf:irapec:v:24:y:2010:i:2:p:223-238
    DOI: 10.1080/02692170903426054
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    References listed on IDEAS

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    1. Robert E. Lipsey, 1963. "Price and Quantity Trends in the Foreign Trade of the United States," NBER Books, National Bureau of Economic Research, Inc, number lips63-1.
    2. Robert E. Lipsey, 1963. "Introduction to "Price and Quantity Trends in the Foreign Trade of the United States"," NBER Chapters, in: Price and Quantity Trends in the Foreign Trade of the United States, pages 3-7, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Clive Morley, 2012. "Technique and Theory in Tourism Analysis," Tourism Economics, , vol. 18(6), pages 1273-1286, December.

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