ABSTRACT

Using the gravity model, this article investigates the determinants of tourist inflow to India. Several origin–destination (O-D) linked factors, such as Gross Domestic Product, Price index, Exchange Rate, Population, Distance, and Exports and Imports between India and its tourist origins, are explored. Using the panel dataset of 19 tourist originating countries to India from 2000 to 2018 the results of the study suggest that all the variables of the gravity model have statistically significant effects on tourist arrivals to India. In addition, we find tourism inflow to be highly price elastic. Additionally, we found a significant positive relationship between political stability and import ratio variable with tourism arrival. However, we found a significant negative relationship of export ratio with tourism arrival. The study findings provide initial ques to the policy makers and tourism industry players for developing strategies, policies, and regulations in line with increasing the inbound tourist flow to India.

摘要

本文使用引力模型研究了印度游客流入的决定因素。探索了几个原产地 - 目的地 (OD) 相关因素，例如国内生产总值、价格指数、汇率、人口、距离以及印度与其旅游来源地之间的进出口。使用 2000 年至 2018 年到印度的 19 个旅游来源国的面板数据集，研究结果表明，重力模型的所有变量对印度旅游人数都有统计上的显着影响。此外，我们发现旅游流入具有高度的价格弹性。此外，我们发现政治稳定性和进口比率变量与旅游人数之间存在显着的正相关关系。然而，我们发现出口率与旅游人数呈显着负相关。