관광서비스산업의 장기수요함수 추정에 관한 실증연구

• 영문명: Empirical analysis on the estimation for the long-run demand function in the Korean tourism service industry
• 발행기관: 관광경영학회
• 저자명: 정석중 강주훈
• 간행물 정보: 『관광경영연구』제21권 제6호, 301~314쪽, 전체 14쪽
• 주제분류: 사회과학 > 관광학
• 파일형태: PDF
• 발행일자: 2017.11.30

영문 초록

This paper is to set up the error correction model in order to estimate the price elasticity, income elasticity and exchange rate elasticity for the long-run demand function in the tourism service industries including retail·food ·lodging and transport·communication. The price elasticity of demand are estimated to be –2.254 and –1.435 respectively in retail·food·lodging and transport·communication. The income elasticity of demand are estimated to be 0.907 and 0.606 respectively in both industries respectively. The exchange rate elasticity were also estimated to be 0.495 in retail·food·lodging and 0.534 in transport·communication. Thus the empirical result suggests that Producer Price Index, real GDP, and exchange rate have been major determinants for the long-run demand function in the tourism service industries during the period of 1975:1-2016:4. All data come from Economic Statistical System(ECOS) of the Bank of Korea and Korean Statistical Information Service (KSIS) of the bureau of Statistics.

목차

Ⅰ. 서론

Ⅱ. 실증분석

Ⅲ. 실증분석

Ⅳ. 결론

참고문헌

키워드

Tourism Service Industry Error Correction Model Price Elasticity Income Elasticity