Preference Shifts During Health Shocks: Foreign Tourists’ Expenditure–Price Elasticity Throughout the Pandemic
Sign Up to like & getrecommendations! Published in 2023 at "Journal of Travel Research"
DOI: 10.1177/00472875231170223
Abstract: This study evaluates the changes in the expenditure–price elasticities of foreign tourists in the summer periods of 2019, 2020, and 2021. We first develop a theoretical characterization that combines microeconomic, loss aversion, price inequality and… read more here.
Keywords: foreign tourists; price elasticity; bars restaurants; expenditure price ... See more keywords
Expenditure and price elasticities for tourism sub-industries from the Fourier flexible form
Sign Up to like & getrecommendations! Published in 2020 at "Tourism Economics"
DOI: 10.1177/1354816620938170
Abstract: Tourism studies holding expenditure and price elasticities constant can produce misleading results. The Fourier flexible form provides estimates of expenditure and price elasticities over the busin... read more here.
Keywords: tourism; flexible form; expenditure price; price elasticities ... See more keywords