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

  • Ramesh Durbarry
    ,
  • Marie -Louise Mangion
    ,
  • Chris Cooper
    ,
  • Isabel Cortés-Jiménez
Research Output:
Contribution to journal
Article
 Peer-review

Sustainable Development Goals

  • SDG 3 - Good Health and Well-being
    SDG 3 Good Health and Well

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.

Publication Information

Output type

Research Output:
Contribution to journal
Article
 Peer-review

Original language

English

Pages from-to (Number of pages)

Pages 1251

Journal (Volume, Issue Number)

Tourism Economics (Volume 18, Issue 6)

Publication milestones

  • Published - 01/12/2012

Publication status

Published - 01/12/2012

ISSN

1354-8166

Publication IDs

  • handle.net: 10547/594616
  • Scopus: 84871667409

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