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Tourism Demand Models: Concepts And Theories

In: Handbook of Tourism Economics Analysis, New Applications and Case Studies

Author

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  • Sarath Divisekera

    (Victoria University, Australia)

Abstract

This chapter reviews the conceptual and theoretical foundations underlying the specification of empirical tourism demand models. It begins with a review of basic concepts, theories, and the literature on the determinants of tourist flows. Its goal is to synthesise a conceptual framework within which issues in relation to tourism demand can be analysed systematically. The process of modelling and the specification of empirical demand models are discussed. This discussion includes a critical and up-to-date survey of the state of the art in consumer demand analysis, theoretical background, modelling procedures, and specification of theoretically consistent empirical demand models. The relative merits of the established demand systems and approaches are reviewed; the concluding remarks in this chapter are on the relative merits of each approach. Criteria are proposed for choosing between different available empirical demand models.

Suggested Citation

  • Sarath Divisekera, 2013. "Tourism Demand Models: Concepts And Theories," World Scientific Book Chapters, in: Clement A Tisdell (ed.), Handbook of Tourism Economics Analysis, New Applications and Case Studies, chapter 2, pages 33-66, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814327084_0002
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    Cited by:

    1. Vladimir Pavković & Darjan Karabašević & Jelena Jević & Goran Jević, 2021. "The Relationship between Cities’ Cultural Strength, Reputation, and Tourism Intensity: Empirical Evidence on a Sample of the Best-Reputable European Cities," Sustainability, MDPI, vol. 13(16), pages 1-20, August.
    2. Shaidathul Jemin, 2023. "The Relationship between Macroeconomic Factors and Tourism Demand for OIC Countries ," GATR Journals jber238, Global Academy of Training and Research (GATR) Enterprise.
    3. Asensi Descals-Tormo & Jose Ramon Ruiz-Tamarit, 2022. "Tourist choice, competitive tourism markets and the effect of a tourist tax on producers revenues," LIDAM Discussion Papers IRES 2022018, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    4. Asensi Descals-Tormo & Maria J. Murgui-García & Jose Ramon Ruiz-Tamari, 2023. "A theoretical model-based indirect estimation of the direct and cross price elasticities of demand for tourist goods and services," LIDAM Discussion Papers IRES 2023013, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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