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자료유형
학술저널
저자정보
저널정보
한국호텔관광학회 호텔관광연구 호텔관광연구 제16권 제5호 (통권 제56권)
발행연도
2014.9
수록면
1 - 10 (10page)

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The purpose of this study was to investigate the elasticities of income and exchange rate in Korean international tourism demand function. Several studies have investigated the determinants of outbound tourism demand from Korea to overseas over the last 20 years. We reviewed the elasticities of income and exchange rate. As a results, These studies found as follows. First, most studies have been supported the hypothesis that international tourism belongs to the luxury goods as income elasticity/industrial production(1.528~3.831) is estimated larger than ``1`` . It was difficult to estimate the result that tourist goods change from luxury goods to normal goods because of The lack of available time-series data. Second, The elasticity of industrial production index was estimated lower than income elasticity in comparison with the results that were using the industrial production index and the per gross national product as proxy variable. Third, by tourist destinations, chinese income elasticity is the highest on the other hand the exchange rate elasticity is estimated the lowest of all. It was found that outbound tourist in Korea was influenced sensitively by income level as Korean tourist travel to China than Japan or America.

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