Modelling Intercontinental Tourism Consumption in South Africa: A Systems‐of‐Equations Approach
作者： Andrea Saayman , Isabel Cortés-Jiménez
DOI: 10.1111/SAJE.12018
关键词: Price elasticity of demand 、 Economy 、 Economic model 、 Relative price 、 Tourism 、 Consumption (economics) 、 Economics 、 Almost ideal demand system 、 Economic geography
摘要: This paper investigates the pattern of inbound tourists' consumption in South Africa, examining four main intercontinental markets and five different tourism goods. The empirical investigation develops an almost ideal demand system (AIDS) model it extends recent research by allowing tourists to base their spending decision on real effective price differences between Africa home country. results show that tourist is a luxury good, react normally change relative cross-price elasticities suggest preferences influence view substitutability complementary effects various products Africa.
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