Outbound Business Travel Depends on Business Returns: Australian Evidence
| dc.creator | Collins, Darrian | |
| dc.creator | Tisdell, Clement A. | |
| dc.date | 2017-04-01T14:11:10Z | |
| dc.date.accessioned | 2026-07-09T05:13:40Z | |
| dc.description | 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. | |
| dc.identifier | Other:ISSN: 1444-8890 | |
| dc.identifier | doi:10.22004/ag.econ.90527 | |
| dc.identifier | https://ageconsearch.umn.edu/record/90527/files/WP%2023.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/90527 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/560793 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/90527 | |
| dc.title | Outbound Business Travel Depends on Business Returns: Australian Evidence | |
| dc.type | Text |