Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/32227
Title: Modelling substitution between domestic and outbound tourism in Australia : a system-of-equations approach
Authors: Athanasopoulos, G
Deng, M
Li, G
Song, H 
Keywords: Almost ideal demand system
Australia
Domestic tourism
Purchasing power parity
Substitution
Issue Date: 2014
Publisher: Pergamon Press
Source: Tourism management, 2014, v. 45, p. 159-170 How to cite?
Journal: Tourism management 
Abstract: This study uses a system-of-equations approach to model the substitution relationship between Australian domestic and outbound tourism demand. A new price variable based on relative ratios of purchasing power parity index is developed for the substitution analysis. Short-run demand elasticities are calculated based on the estimated error correction almost ideal demand systems. The empirical results reveal significant substitution relationships between Australian domestic tourism and outbound travel to Asia, the UK and the US. This study provides scientific support for necessary policy considerations to promote domestic tourism further.
URI: http://hdl.handle.net/10397/32227
ISSN: 0261-5177
EISSN: 1879-3193
DOI: 10.1016/j.tourman.2014.03.018
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