TY - BOOK ID - 134032610 TI - Japan’s Inbound Tourism Boom: Lessons for its Post-COVID-19 Revival PY - 2020 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Foreign Exchange KW - Macroeconomics KW - Industries: Hospital,Travel and Tourism KW - Diseases: Contagious KW - Sports KW - Gambling KW - Restaurants KW - Recreation KW - Tourism KW - Economic History: Transport, Trade, Energy, Technology, and Other Services: Asia including Middle East KW - Economywide Country Studies: Asia including Middle East KW - Health Behavior KW - Personal Income, Wealth, and Their Distributions KW - Hospitality, leisure & tourism industries KW - Infectious & contagious diseases KW - Currency KW - Foreign exchange KW - Personal income KW - COVID-19 KW - Real exchange rates KW - Communicable diseases KW - Economic sectors KW - Health KW - National accounts KW - Income KW - Japan UR - https://www.unicat.be/uniCat?func=search&query=sysid:134032610 AB - 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. ER -