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UK Tourists, The Great Recession and Irish Tourism Policy. ESRI WP412. October 2011

Callaghan, Niamh and Tol, Richard S.J. (2011) UK Tourists, The Great Recession and Irish Tourism Policy. ESRI WP412. October 2011. [Working Paper]

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    Abstract

    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.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers
    Depositing User: Alyssa McDonald
    Official EU Document: No
    Language: English
    Date Deposited: 20 Jun 2017 08:51
    Number of Pages: 21
    Last Modified: 24 Sep 2018 13:37
    URI: http://aei.pitt.edu/id/eprint/87951

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