본문 바로가기
  • Home

International Travel Trade Factors: Panel Data Analysis with Emphasis on Representative Demand Theory

  • Journal of Tourism Sciences
  • Abbr : JTS
  • 2009, 33(4), pp.253-272
  • Publisher : The Tourism Sciences Society Of Korea
  • Research Area : Social Science > Tourism

Kim, Jae-Geul 1 Kim SaHun 2

1한국관광협회중앙회 국민관광상품권국 국장
2경기대학교

Accredited

ABSTRACT

Except services trade, commodity trade theories have been spelt out by many scholars historically. Including Adam Smith’s theory of absolute cost, Ricardo’s theory of comparative cost, Heckscher-Ohlin’s Theorem of factor endowment, and Burnun’s product life cycle theory are among such theses. Authors’ interest here is Stephan Linder’s representative demand hypothesis that domestic demand itself could decide export demand from overseas. Arguably writers assist this hypothesis could be applied to external tourism demand, stating that well-beaten domestic demand promotes inbound tourism demand. World panel data were manipulated and run by regression models grouped into random effect models and fixed effect model. Three to four year’s time-lagged dummy were applied. Models were found quite significant, implying strong confirmation of Linder’s hypothesis.

Citation status

* References for papers published after 2023 are currently being built.