The economic impacts of a changing visa fee for Chinese tourists to Australia
Author(s)
Tien, Duc Pham
Son, Nghiem
Dwyer, Larry
Griffith University Author(s)
Year published
2018
Metadata
Show full item recordAbstract
Chinese tourism demands in Australia have increased exponentially in recent time, driven largely by increases in the number of visitors. The hidden important fact of this market is its high price sensitivity, which is vital to the growth of the dominant Chinese tourism segment in the total inbound sector of the country. This article addresses a concern of the tourism industry regarding a possible policy change on a tourist visa fee for Chinese nationals that potentially has adverse impacts on the economy. The article demonstrates that the revenue objective of an increase in the visa fee for Chinese visitors is unlikely to ...
View more >Chinese tourism demands in Australia have increased exponentially in recent time, driven largely by increases in the number of visitors. The hidden important fact of this market is its high price sensitivity, which is vital to the growth of the dominant Chinese tourism segment in the total inbound sector of the country. This article addresses a concern of the tourism industry regarding a possible policy change on a tourist visa fee for Chinese nationals that potentially has adverse impacts on the economy. The article demonstrates that the revenue objective of an increase in the visa fee for Chinese visitors is unlikely to be a successful policy, as it will take a long time for the visa revenue to compensate for the losses of gross domestic product. In the extreme, the GDP losses may never be compensated adequately by the increased visa revenue.
View less >
View more >Chinese tourism demands in Australia have increased exponentially in recent time, driven largely by increases in the number of visitors. The hidden important fact of this market is its high price sensitivity, which is vital to the growth of the dominant Chinese tourism segment in the total inbound sector of the country. This article addresses a concern of the tourism industry regarding a possible policy change on a tourist visa fee for Chinese nationals that potentially has adverse impacts on the economy. The article demonstrates that the revenue objective of an increase in the visa fee for Chinese visitors is unlikely to be a successful policy, as it will take a long time for the visa revenue to compensate for the losses of gross domestic product. In the extreme, the GDP losses may never be compensated adequately by the increased visa revenue.
View less >
Journal Title
Tourism Economics
Volume
24
Issue
1
Subject
Tourism
Applied economics
Tourism economics