The impacts of eastern Europe and 1992 on international tourism demand
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Abstract
The creation of a unified Germany and the general move towards market-type economies in Eastern Europe are likely to stimulate world economic growth. Similarly, the completion of the single internal market of the European Community in 1992 should result in lower prices and increased economic growth within the Community, as well as having varying effects outside. A complete system of demand equations.is used to generate forecasts of tourism imports and exports for the UK, Austria, and Canada which allow for the impacts of the events in Eastern Europe and the unified European market.