Japan's Inbound Tourism Boom: Lessons for its Post-COVID-19 Revival

In this paper, we review developments in Japanese inbound tourism and investigate the main determinants of its rapid growth prior to the COVID-19 pandemic. Using a panel autoregressive distributed lag (ARDL) model with data on 34 tourism source markets from 1996Q1 to 2018Q4, we find that not only to...

Full description

Bibliographic Details
Main Author: Nguyen, Anh Thi Ngoc
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02430nmm a2200541 u 4500
001 EB002081339
003 EBX01000000000000001221429
005 00000000000000.0
007 cr|||||||||||||||||||||
008 220928 ||| eng
020 |a 9781513553207 
100 1 |a Nguyen, Anh Thi Ngoc 
245 0 0 |a Japan's Inbound Tourism Boom: Lessons for its Post-COVID-19 Revival  |c Anh Thi Ngoc Nguyen 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2020 
300 |a 32 pages 
651 4 |a Japan 
653 |a Gambling 
653 |a Foreign exchange 
653 |a Recreation 
653 |a Foreign Exchange 
653 |a Macroeconomics 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a Infectious & contagious diseases 
653 |a Sports 
653 |a Currency 
653 |a Hospitality, leisure & tourism industries 
653 |a Industries: Hospital,Travel and Tourism 
653 |a Income 
653 |a Health 
653 |a Economic History: Transport, Trade, Energy, Technology, and Other Services: Asia including Middle East 
653 |a Diseases: Contagious 
653 |a Tourism 
653 |a Communicable diseases 
653 |a Economywide Country Studies: Asia including Middle East 
653 |a National accounts 
653 |a Health Behavior 
653 |a Economic sectors 
653 |a Personal income 
653 |a Covid-19 
653 |a Restaurants 
653 |a Real exchange rates 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781513553207.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/2020/169/001.2020.issue-169-en.xml?cid=49618-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a In this paper, we review developments in Japanese inbound tourism and investigate the main determinants of its rapid growth prior to the COVID-19 pandemic. Using a panel autoregressive distributed lag (ARDL) model with data on 34 tourism source markets from 1996Q1 to 2018Q4, we find that not only tourist income and tourism-related relative prices, also visa policies have had significant impacts on Japan's inbound tourism demand in the long run. In the short run, natural disasters have had large and prolonged effects on tourism. We then derive policy implications for the post-COVID-19 revival of Japanese inbound tourism