How competitive is Hong Kong against its competitors? An econometric study

摘要: This study utilizes almost ideal demand system (AIDS) models to examine Hong Kong’s competitiveness as an international tourist destination in comparison with its competitors. The empirical findings of the shed new light on literature and demonstrate that a destination’s should be examined from market-specific perspective. results also suggest Kong is more competitive than Macau, particularly terms ability attract Australian mainland Chinese tourists, while price elasticity calculations Singapore South Korea are Kong.