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Information Journal Paper

Title

ESTIMATION OF FOREIGN TOURISM DEMAND IN IRAN (TVP APPROACH)

Pages

  107-131

Abstract

 The main purpose of this paper is to estimate the foreign TOURISM DEMAND for IRAN during 1971-2005. This study proposes a new methodology – the time varying parameter (TVP) approach – to TOURISM DEMAND modeling. To that end, the behavioral change of tourists over time is traced using the KALMAN FILTER approach.Findings show that the income elasticity, price elasticity and habit formation have a regular declining trend over time. The elasticity of TOURISM DEMAND with respect to the world per capita income is greater than that of the "cost of living" and "habit formation" indicators. The foreign tourism appears to be a normal good and inelastic to the domestic prices. In addition, TOURISM DEMAND has decreased significantly during the IRAN-Iraq war period.

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    APA: Copy

    MOHAMMADZADEH, PARVIZ, BEHBUDI, DAVOOD, FESHARI, MAJID, & MAMIPOUR, SIAB. (2011). ESTIMATION OF FOREIGN TOURISM DEMAND IN IRAN (TVP APPROACH). JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 1(1), 107-131. SID. https://sid.ir/paper/192110/en

    Vancouver: Copy

    MOHAMMADZADEH PARVIZ, BEHBUDI DAVOOD, FESHARI MAJID, MAMIPOUR SIAB. ESTIMATION OF FOREIGN TOURISM DEMAND IN IRAN (TVP APPROACH). JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2011;1(1):107-131. Available from: https://sid.ir/paper/192110/en

    IEEE: Copy

    PARVIZ MOHAMMADZADEH, DAVOOD BEHBUDI, MAJID FESHARI, and SIAB MAMIPOUR, “ESTIMATION OF FOREIGN TOURISM DEMAND IN IRAN (TVP APPROACH),” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 1, no. 1, pp. 107–131, 2011, [Online]. Available: https://sid.ir/paper/192110/en

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