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The Roles of Income and Prices in Determining International Tourism Demand: Evidence from the Mekong Downstream Nations’ Major International Markets
Journal of China Tourism Research Pub Date : 2021-11-14 , DOI: 10.1080/19388160.2021.1997854
Quang Hai Nguyen 1, 2
Affiliation  

ABSTRACT

There are many studies on the roles of income and prices in international tourism demand, but the scope of these studies is usually limited. They usually only look at inbound tourism to a single country or from a single country to another country. This paper examines the roles of these factors on tourism demand from major source markets (different origin countries) in the downstream Mekong region. The result of the panel data analysis from 1995 to 2019 shows that income, own price and price of substitute destinations, as well as the impact of non-economic factors, play a different role on international tourism demand in downstream Mekong countries. The research findings suggest that there are different types of tourism products (luxury goods and essential goods) and different roles between destinations (substitute destination or complementary destination) for tourists from these important markets. Furthermore, the findings form the basis for tourism development policies in the downstream Mekong country.



中文翻译:

收入和价格在决定国际旅游需求中的作用:来自湄公河下游国家主要国际市场的证据

摘要

关于收入和价格在国际旅游需求中的作用的研究很多,但这些研究的范围通常是有限的。他们通常只关注到一个国家或从一个国家到另一个国家的入境旅游。本文研究了这些因素对湄公河下游地区主要客源市场(不同来源国)旅游需求的影响。1995-2019年面板数据分析结果表明,收入、自身价格和替代目的地价格,以及非经济因素的影响,对湄公河下游国家的国际旅游需求发挥着不同的作用。研究结果表明,来自这些重要市场的游客存在不同类型的旅游产品(奢侈品和必需品)以及目的地(替代目的地或补充目的地)之间的不同作用。此外,这些发现构成了湄公河下游国家旅游发展政策的基础。

更新日期:2021-11-14
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