Arbeitspapier
UK tourists, the great recession and Irish tourism policy
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.
- Language
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Englisch
- Bibliographic citation
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Series: ESRI Working Paper ; No. 412
- Classification
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Wirtschaft
- Subject
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tourism demand
price elasticity
United Kingdom
Ireland
- Event
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Geistige Schöpfung
- (who)
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Callaghan, Niamh
Tol, Richard S. J.
- Event
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Veröffentlichung
- (who)
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The Economic and Social Research Institute (ESRI)
- (where)
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Dublin
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Callaghan, Niamh
- Tol, Richard S. J.
- The Economic and Social Research Institute (ESRI)
Time of origin
- 2011