Modelling and forecasting the demand for Thai tourism

@inproceedings{Ong2005ModellingAF,
  title={Modelling and forecasting the demand for Thai tourism},
  author={Hatta S Ong},
  year={2005}
}
This study examines the demand for Thai tourism by seven major origin countries – Australia, Japan, Korea, Singapore, Malaysia, the UK and the USA. The general-to-specific modelling approach is followed in the construction, estimation, testing and selection of the tourism demand models. The empirical results show that habit persistence is the most important factor that influences the demand for Thai tourism by residents from all origin countries. The income, own price, cross price and trade… CONTINUE READING
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