Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN

In recent years, there have been many publications about the elasticity of international tourism market demand by income and prices, but there is still quite little about domestic tourism demand. This article studies the domestic tourism demand to find the role of income, own price and cross price i...

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Autor principal: Hai Quang Nguyen
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Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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spelling oai:doaj.org-article:6324d4cbc5c4448d9180cf02e466a0552021-11-04T15:51:55ZElasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN2331-188610.1080/23311886.2021.1996918https://doaj.org/article/6324d4cbc5c4448d9180cf02e466a0552021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311886.2021.1996918https://doaj.org/toc/2331-1886In recent years, there have been many publications about the elasticity of international tourism market demand by income and prices, but there is still quite little about domestic tourism demand. This article studies the domestic tourism demand to find the role of income, own price and cross price in the most countries of Association of Southeast Asian Nations. These are developing countries and have great tourism potential. The results show that domestic tourism in these countries is still a luxury service. Price related to domestic tourism is also an important factor and negatively affects domestic tourism demand in these countries. Outbound tourism to countries having shared borders are substitute destinations for domestic tourism. When the same level of tourist income and level of prices related to domestic tourism, Indonesians travel inland highest, followed by Vietnamese, Cambodian, Filipino, Thai people, Malaysian and the people of Laos are the lowest. These findings complement the empirical studies on tourism demand and are the basis for making policy implications for the development of domestic tourism in most countries of the Association of Southeast Asian Nations.Hai Quang NguyenTaylor & Francis Grouparticletourism demandincome and pricesdomestic tourismaseanSocial SciencesHENCogent Social Sciences, Vol 7, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
topic tourism demand
income and prices
domestic tourism
asean
Social Sciences
H
spellingShingle tourism demand
income and prices
domestic tourism
asean
Social Sciences
H
Hai Quang Nguyen
Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN
description In recent years, there have been many publications about the elasticity of international tourism market demand by income and prices, but there is still quite little about domestic tourism demand. This article studies the domestic tourism demand to find the role of income, own price and cross price in the most countries of Association of Southeast Asian Nations. These are developing countries and have great tourism potential. The results show that domestic tourism in these countries is still a luxury service. Price related to domestic tourism is also an important factor and negatively affects domestic tourism demand in these countries. Outbound tourism to countries having shared borders are substitute destinations for domestic tourism. When the same level of tourist income and level of prices related to domestic tourism, Indonesians travel inland highest, followed by Vietnamese, Cambodian, Filipino, Thai people, Malaysian and the people of Laos are the lowest. These findings complement the empirical studies on tourism demand and are the basis for making policy implications for the development of domestic tourism in most countries of the Association of Southeast Asian Nations.
format article
author Hai Quang Nguyen
author_facet Hai Quang Nguyen
author_sort Hai Quang Nguyen
title Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN
title_short Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN
title_full Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN
title_fullStr Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN
title_full_unstemmed Elasticity of tourism demand by income and price: evidence from domestic tourism of countries in ASEAN
title_sort elasticity of tourism demand by income and price: evidence from domestic tourism of countries in asean
publisher Taylor & Francis Group
publishDate 2021
url https://doaj.org/article/6324d4cbc5c4448d9180cf02e466a055
work_keys_str_mv AT haiquangnguyen elasticityoftourismdemandbyincomeandpriceevidencefromdomestictourismofcountriesinasean
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