The Theory and Practice of International Tourism Demand Modelling. The volatility inherent in tourism flows and limited data availability are crucial issues in estimating and testing tourism demand models, and providing accurate predictions of international tourism. This project analyses critically the theoretical and finite sample properties of alternative techniques for evaluating the empirical performance of international tourism demand models. The significance of the project is the developm ....The Theory and Practice of International Tourism Demand Modelling. The volatility inherent in tourism flows and limited data availability are crucial issues in estimating and testing tourism demand models, and providing accurate predictions of international tourism. This project analyses critically the theoretical and finite sample properties of alternative techniques for evaluating the empirical performance of international tourism demand models. The significance of the project is the development of an optimal method for estimating and testing tourism demand and volatility, an evaluation of alternative statistical techniques using extensive Monte Carlo simulation experiments, and the dissemination of research findings regarding sensible econometric practice to policy-makers in the private and public sectors. Read moreRead less
Reducing global tourism carbon emissions . With over 6 billion vacation trips annually, tourism is a major and fast-growing contributor to climate change. To support a climate-centred tourism policy, this Project aims to construct a world’s first global database that answers three key questions: 1) if tourism carbon footprint increases in direct proportion to its consumption, 2) how quickly tourism can decarbonise emissions, and 3) can tourism deliver better carbon performance than other sectors ....Reducing global tourism carbon emissions . With over 6 billion vacation trips annually, tourism is a major and fast-growing contributor to climate change. To support a climate-centred tourism policy, this Project aims to construct a world’s first global database that answers three key questions: 1) if tourism carbon footprint increases in direct proportion to its consumption, 2) how quickly tourism can decarbonise emissions, and 3) can tourism deliver better carbon performance than other sectors? The outcomes include new theoretical and empirical knowledge about the impacts, drivers, and trade-offs of tourism's carbon emissions. A significant benefit of this Project is to identify mitigation policies that can better balance tourism economic yield and emissions stabilisation.Read moreRead less
Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness di ....Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness differs; productivity will be measured using input and output prices. Patterns in productivity will be analysed, and the hypothesis that productivity varies inversely with real incomes, observed in other service industries, will be tested.Read moreRead less