Show simple item record

dc.contributor.authorBotha, Andre
dc.contributor.authorSaayman, Andrea
dc.date.accessioned2016-06-08T07:11:36Z
dc.date.available2016-06-08T07:11:36Z
dc.date.issued2013
dc.identifier.citationBotha, A.P. & Saayman, A. 2013. Modelling tourism demand for South Africa:  an almost ideal demand system approach. Journal of economic and financial sciences, 6(3):683-706. [http://www.uj.ac.za/faculties/fefs/Pages/JEF.aspx]en_US
dc.identifier.issn1995-7076
dc.identifier.issn2312-2803 (Online)​
dc.identifier.urihttp://hdl.handle.net/10394/17669
dc.identifier.urihttp://reference.sabinet.co.za/webx/access/electronic_journals/jefs/jefs_v6_n3_a8.pdf
dc.description.abstractThis paper models tourism demand for South Africa from the UK and the USA, using an almost ideal demand system. An error-correction almost ideal demand system (EC-AIDS) is applied to quantify the responsiveness of UK and USA tourism demand for South Africa, relative to changes in tourism prices and expenditure or income. Short-term own-price, cross-price and expenditure elasticities are derived from the EC-AIDS models. One of the key findings of the paper is that tourism from the UK and USA is not sensitive to price changes in South Africa in the short term. Tourism to South Africa is found to be more income-elastic than price-elastic, indicating that the country is vulnerable to changing world economic conditions. Even though price competitiveness does not yet seem to be a key concern, significant substitution effects are present, with especially Spain and Malaysia benefiting from a decline in South Africa’s price competitivenessen_US
dc.description.sponsorshipTrade Industry and Policy of South Africa (TIPS); National Research Foundation of South Africa (Grant specific unique reference number (UID) 85625)en_US
dc.language.isoenen_US
dc.publisherUniversity of Johannesburg. Department of Finance and Investment Managementen_US
dc.subjectSouth Africaen_US
dc.subjectalmost ideal demand system (AIDS)en_US
dc.subjecttourism demanden_US
dc.subjecterror-correction mechanismen_US
dc.titleModelling tourism demand for South Africa:  an almost ideal demand system approachen_US
dc.typeArticleen_US
dc.contributor.researchID10225595 - Saayman, Andrea


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record