Miguel Angel Esquivias Padilla, 041144005 and Lilik Sugiharti, - and Hilda Rohmawati, - and Bekti Setyorani, - and Angger ANINDITO, - (2021) GeoJournal of Tourism and Geosites. Geojournal of Tourism and Geosites Year XIV, 37 (3). pp. 951-958. ISSN 2065-0817, 2065-1198

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Abstract

This study uses an autoregressive distributed lag (ARDL) model to investigate the role of incomes, relative price competitiveness, and substitution prices in tourism demand from Indonesia‘s six largest countries of origin from 2007Q1 to 2019Q4. Income level, competitive prices, and substitution prices significantly impact the demand for tourism in Indonesia. Malaysia, Singapore, Australia, Japan, and India are income elastic, signaling that tourism is a luxury goo d, but China (normal good). Malaysia and China are price elastic while Japan, India, Singapore, and Australia are less affected by changes in relative prices. Substitute prices may drive tourist to other destinations if the change in prices is large.

Item Type:	Article
Uncontrolled Keywords:	tourism demand, COVID-19, international tourism, Indonesia, ARDL, price competitiveness, tourism economics, tourism development
Subjects:	H Social Sciences H Social Sciences > HB Economic Theory > HB1-3840 Economic theory. Demography
Creators:	Creators NIM Miguel Angel Esquivias Padilla, 041144005 UNSPECIFIED Lilik Sugiharti, - NIDN0025056804 Hilda Rohmawati, - NIM041611133032 Bekti Setyorani, - NIM041814453024 Angger ANINDITO, - UNSPECIFIED
Depositing User:	Tn Sugeng Riyanto
Date Deposited:	18 Apr 2023 07:24
Last Modified:	18 Apr 2023 07:24
URI:	http://repository.unair.ac.id/id/eprint/123842
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