| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Outbound Business Travel Depends on Business Returns: Australian Evidence
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| Autores: |
Collins, Darrian
Tisdell, Clement A.
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| Data: |
2010-05-26
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| Ano: |
2003
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| Palavras-chave: |
Australia
Business travel
Outbound travel
Theories of the firm
Tourism
International Relations/Trade
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| Resumo: |
In an earlier note, Collins and Tisdell (2002b) explored the possibility of a long-run relationship between Australian business returns and international business travel. Using annual data they found that such a relationship exists. The purpose of this study is to further examine this relationship using quarterly data for the time frame 1974:1 to 1999:4. In addition, previous studies on international business travel have offered some but not strong evidence for the existence of a positive relationship between the level of international business travel and real GDP of the origin country. This study suggests that the aggregate return on business investments is a superior predictor of international business travel than GDP. The Engle-Granger and Johansen’s maximum-likelihood cointegration procedures are used to show a long-term relationship exists between Australian outbound business travel and Australian business returns, but not with Real Australian GDP. Reasons for this relationship are discussed.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
ISSN: 1444-8890
http://purl.umn.edu/90527
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| Relação: |
University of Queensland>School of Economics>Economic Theory, Applications and Issues Working Papers
Economic Theory, Applications and Issues Working Paper
23
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| Formato: |
25
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