Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/100229
Authors: 
Callaghan, Niamh
Tol, Richard S. J.
Year of Publication: 
2011
Series/Report no.: 
Working Paper, The Economic and Social Research Institute (ESRI), Dublin 412
Abstract: 
Inbound tourism to Ireland fell sharply in 2009 and 2010. Visits to Ireland from the UK, the dominant country of origin of visitors to Ireland, did not fall faster than UK visits elsewhere. We use micro-data for UK travellers to estimate price elasticities of tourism demand for various market segments. The proposed reduction in the travel tax, and the reduction in the VAT rate for "tourism goods and services" would lead to a modest increase in visitor numbers and expenditure. However, the increase in expenditure is small compared to the foregone tax revenue.
Subjects: 
tourism demand
price elasticity
United Kingdom
Ireland
Document Type: 
Working Paper

Files in This Item:
File
Size
234.21 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.