An econometric model of tourism demand in India

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Author: 
Harshil Sharma
Abstract: 

This case study gives an overview of the tourism demand in India using an econometric model. The study covers the period between 1990 and 2011. Three countries i.e. USA, UK and Canada have been selected, and the choice of the countries is based upon the fact that they together constitute 35% of total tourists arriving in India. The results show a positive relationship between Foreign tourist arrivals and generating country GDP, and a negative relation between foreign tourist arrivals and relative prices.

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