This study chooses Travel Cost Model(TCM)and uses domestic tounism sampling inquiry data and statistic data of cities to estimate the tourism demand function.We find that the price elasticity of demand is-0.54,and the...This study chooses Travel Cost Model(TCM)and uses domestic tounism sampling inquiry data and statistic data of cities to estimate the tourism demand function.We find that the price elasticity of demand is-0.54,and the income elasticity is 0.21.We also compute the consumer surplus(benefit)per capita which is around 1.3 times of average travel cost.展开更多
文摘This study chooses Travel Cost Model(TCM)and uses domestic tounism sampling inquiry data and statistic data of cities to estimate the tourism demand function.We find that the price elasticity of demand is-0.54,and the income elasticity is 0.21.We also compute the consumer surplus(benefit)per capita which is around 1.3 times of average travel cost.
