Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/13190
Title: Impacts of the financial and economic crisis on tourism in Asia
Authors: Song, H 
Lin, S
Keywords: Asia
Demand elasticity
Financial and economic crisis
Forecasts
Tourist flows
Issue Date: 2010
Publisher: SAGE Publications
Source: Journal of travel research, 2010, v. 49, no. 1, p. 16-30 How to cite?
Journal: Journal of travel research 
Abstract: The purpose of this study is to forecast inbound tourism to Asia and outbound tourism from Asia by considering the possible impacts of the current financial and economic crisis. The autoregressive distributed lag model is used to calculate the interval demand elasticities, which are then used to generate interval forecasts for inbound tourism to and outbound tourism from Asia. Interval forecasts reduce the risk of complete forecasting failure arising from the uncertainties associated with the crisis. The forecast results suggest that the financial and economic crisis will have a negative impact on both inbound and outbound tourism in Asia but the demand will rebound from 2010.
URI: http://hdl.handle.net/10397/13190
ISSN: 0047-2875
EISSN: 1552-6763
DOI: 10.1177/0047287509353190
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