✦ LIBER ✦

A travel demand model for Mainland Chinese tourists to Hong Kong

✍ Scribed by Hailin Qu; Sophia Lam

Publisher: Elsevier Science
Year: 1997
Tongue: English
Weight: 390 KB
Volume: 18
Category: Article
ISSN: 0261-5177
DOI: 10.1016/s0261-5177(97)00084-8

No coin nor oath required. For personal study only.

✦ Synopsis

The purpose of the study was to determine what exogenous variables best explained the travel demand for Mainland Chinese tourists to Hong Kong. The 12 years (1984-1995) annual time series data of 'number of Mainland Chinese tourist arrivals', 'China disposable income per capita', 'consumer price indices in Hong Kong and China' and 'exchange rates' was used to develop a travel demand model. Seven exogenous variables were selected for the model through a literature review. An OLS multiple regression analysis was performed to identify the 'best' subset of seven exogenous variables to determine the demand model. The results showed that travel demand for Mainland Chinese tourists to Hong Kong could be explained by 'disposable income per capita' and 'relaxation of visa requirements'.

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