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This paper applied the general-to-specific econometric modelling technique to estimate demand for tourism imports and the corresponding elasticities for four countries: Australia; Canada; Japan and USA. The findings indicate that tourism imports are generally income and price elastic with values ranging from 1.476 to 1.783 for income elasticity and -1.201 to -1.721 for price elasticity. Furthermore, the findings reveal that, after controlling for seasonality in the data, demand for tourism import is influenced by global financial crisis, disasters and country-specific problems. These findings have important implications for tourism import management, especially in the broader context of promoting tourism imports.

Estimating Tourism Import Demand Elasticities for Four Countries Using the General-to-specific Approach