Measuring the effect of subsidization on tourism demand and destination competitiveness through the AIDS model: an evidence-based approach to tourism policymaking

2.50
Hdl Handle:
http://hdl.handle.net/10547/594616
Title:
Measuring the effect of subsidization on tourism demand and destination competitiveness through the AIDS model: an evidence-based approach to tourism policymaking
Authors:
Mangion, Marie -Louise; Cooper, Chris; Cortés-Jimenez, Isabel; Durbarry, Ramesh
Abstract:
There is increasing recognition of the need for improved policymaking in tourism and the consequent evaluation of tourism public policies. This paper demonstrates the usefulness of econometric modelling for tourism policy analysis, showing that crucial information is generated from such econometric policy analysis. A dynamic Almost Ideal Demand System (AIDS) model is used to quantify the impact on demand elasticity of Malta's policy of supporting British inclusive tour holidays. Such analysis can contribute to improved policymaking as the policymaker is informed about how and to what extent the market has responded to previous policies – thus promoting an evidence-based approach to tourism policymaking.
Citation:
Mangion, M-L. et al (2012) 'Measuring the effect of subsidization on tourism demand and destination competitiveness through the AIDS model: an evidence-based approach to tourism policymaking' Tourism Economics 18 (6):1251
Publisher:
IP Publishing
Journal:
Tourism Economics
Issue Date:
1-Dec-2012
URI:
http://hdl.handle.net/10547/594616
DOI:
10.5367/te.2012.0167
Additional Links:
http://openurl.ingenta.com/content/xref?genre=article&issn=1354-8166&volume=18&issue=6&spage=1251
Type:
Article
Language:
en
ISSN:
1354-8166
Appears in Collections:
INTOUR Institute for Tourism Research

Full metadata record

DC FieldValue Language
dc.contributor.authorMangion, Marie -Louiseen
dc.contributor.authorCooper, Chrisen
dc.contributor.authorCortés-Jimenez, Isabelen
dc.contributor.authorDurbarry, Rameshen
dc.date.accessioned2016-01-22T14:10:14Zen
dc.date.available2016-01-22T14:10:14Zen
dc.date.issued2012-12-01en
dc.identifier.citationMangion, M-L. et al (2012) 'Measuring the effect of subsidization on tourism demand and destination competitiveness through the AIDS model: an evidence-based approach to tourism policymaking' Tourism Economics 18 (6):1251en
dc.identifier.issn1354-8166en
dc.identifier.doi10.5367/te.2012.0167en
dc.identifier.urihttp://hdl.handle.net/10547/594616en
dc.description.abstractThere is increasing recognition of the need for improved policymaking in tourism and the consequent evaluation of tourism public policies. This paper demonstrates the usefulness of econometric modelling for tourism policy analysis, showing that crucial information is generated from such econometric policy analysis. A dynamic Almost Ideal Demand System (AIDS) model is used to quantify the impact on demand elasticity of Malta's policy of supporting British inclusive tour holidays. Such analysis can contribute to improved policymaking as the policymaker is informed about how and to what extent the market has responded to previous policies – thus promoting an evidence-based approach to tourism policymaking.en
dc.language.isoenen
dc.publisherIP Publishingen
dc.relation.urlhttp://openurl.ingenta.com/content/xref?genre=article&issn=1354-8166&volume=18&issue=6&spage=1251en
dc.rightsArchived with thanks to Tourism Economicsen
dc.subjectalmost ideal demand system (aids)en
dc.subjectevidence-based policyen
dc.subjectinclusive tour holidaysen
dc.subjectMaltaen
dc.subjectpolicy evaluationen
dc.subjectsusidisationen
dc.titleMeasuring the effect of subsidization on tourism demand and destination competitiveness through the AIDS model: an evidence-based approach to tourism policymakingen
dc.typeArticleen
dc.identifier.journalTourism Economicsen
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