Modelling inbound international tourism demand in Australia: Lessons from the pandemics

Modelling Conditional Correlations in International Tourism Demand

International tourism demand, or tourist arrivals, to Australia has recently experienced dramatic fluctuations due to changes in the economic, financial and political environment. However, variations in tourism demand, specifically the conditional variance, or volatility, have not previously been investigated. An analysis of such volatility is essential for investigating the effects of shocks i...

ARMAX modelling of international tourism demand

ARMAX Modelling of International Tourism Demand

One of the basic goals of tourism demand modelling is to estimate income and/or price elasticities, which can then be used in developing better informed public and private policies. The focus of econometric studies is to determine the extent to which the data support a particular theory. In reviews of empirical studies on international tourism demand and its determinants, Lim (1999, 2006) argue...

Modelling interstate tourism demand in Australia: A cointegration approach

Interstate tourism is an important component of the domestic tourism business in Australia. However, empirical analyses of interstate tourism demand have not been previously undertaken. The motivation for this paper is to investigate the shortand long-run causal relationships between economic factors and interstate tourism demand in Australia. Using a cointegration approach, this study discover...

Modelling sustainable international tourism demand to the Brazilian Amazon

The Amazon rainforest is one of the world’s greatest natural wonders and holds great importance and significance for the world’s environmental balance. Around 60% of the Amazon rainforest is located in the Brazilian territory. The two biggest states of the Amazon region are Amazonas (the upper Amazon) and Pará (the lower Amazon), which together account for around 73% of the Brazilian Legal Amaz...