Chang, Chia-Lin; Khamkaew, Thanchanok; McAleer, Michael - Center for International Research on the Japanese … - 2010
, Japan, Taiwan and Korea, to changes in effective relative price of tourism, total real total tourism expenditure, and one … competitiveness. The empirical results show that price competitiveness is important for tourism demand for Japan, Korea and Hong Kong … substitution effect can be found in the following pairs of destinations: China-Korea, Japan-Hong Kong, Taiwan-Hong Kong, Japan …