Demand elasticity estimates for New Zealand tourism

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Title Demand elasticity estimates for New Zealand tourism
Author Schiff, Aaron; Becken, Susanne
Journal Name Tourism Management
Editor Chris Ryan
Year Published 2011
Place of publication United Kingdom
Publisher Elsevier
Abstract Demand elasticities for New Zealand tourism are estimated for 16 different international visitor segments. Segments are differentiated by origin, purpose of visit, and travel style. Elasticities for both international visitor arrivals and on-the-ground expenditure per arrival are estimated for each segment using time-series data. In general, on-the-ground consumption per arrival is more price sensitive than number of arrivals, and Asian market segments are found to be more price sensitive, both in terms of arrivals and on-the-ground expenditure, compared to international visitors from other regions. An application of the results is presented giving the total effect of exchange rate changes on expenditure by international visitors in New Zealand, and management implications are discussed.
Peer Reviewed Yes
Published Yes
Alternative URI http://dx.doi.org/10.1016/j.tourman.2010.05.004
Volume 32
Issue Number 3
Page from 564
Page to 575
ISSN 0261-5177
Date Accessioned 2012-03-26
Date Available 2012-05-23T22:34:15Z
Language en_US
Research Centre Griffith Institute For Tourism
Faculty Griffith Business School
Subject Tourist Behaviour and Visitor Experience
URI http://hdl.handle.net/10072/44804
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1x

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