TOURISM DEMAND IN INDONESIA: IMPLICATIONS IN A POST-PANDEMIC PERIOD

Geo Journal of Tourism and Geosites

article

Miguel Angel ESQUIVIAS¹  Lilik SUGIHARTI¹  Hilda ROHMAWATI¹  Bekti SETYORANI¹  Angger ANINDITO² 

[1] Airlangga University, Faculty of Economics and Business;Ministry of National Development Planning of Indonesia

关键词: tourism demand;    COVID-19;    international tourism;    Indonesia;    ARDL;    price competitiveness;    tourism economics;    tourism development;   

DOI  :  10.30892/gtg.37329-731

学科分类：社会科学、人文和艺术（综合）

来源: Editura Universitatii din Oradea / University of Oradea Publishing House

【 摘 要 】

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 good, 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.

【 授权许可】

CC BY-NC-ND