A Dynamic Panel Data Analysis of the Immigration and Tourism Nexus

There is a growing number of studies investigating the tourism migration nexus from a theoretical perspective. The empirical literature on the topic however, lags behind. The aim of this paper is to test for the effect of immigration on tourism and to estimate tourism immigration elasticities. The dynamic panel data cointegration technique is applied to model international arrivals for Australia. The results establish the relationship between immigration and tourism and show that trends in immigration influence arrivals to Australia. The estimated short-run and long-run migration elasticities are 0.028 and 0.09 respectively. These have implications for destination managers who can improve the efficiency of their planning exercises by incorporating additional information on immigration in their policy formulation.Immigration, Tourism Demand, Dynamic Panel Data Cointegration, Australia.

A Study of Outbound Tourism From Australia

This paper exploits the dynamic panel data cointegration technique to determine the demand elasticity of short term international departures from Australia with respect to changes in income, real exchange rate, migration and the cost of domestic air travel. The data utilised are from 1991 to 2008 for 47 destinations. The results confirm those of previous studies in showing that income is the single most important determinants of departure from Australia in the short run and in the long run. 61 percent of Australian travellers tend to repeat their visit. Increasing migrations from particular countries has a positive effect on departure to these nations. Real exchange rate is insignificant in explaining departures from Australia. International crisis occurring in year 2002 and 2003 affected departures from Australia in a negative way.Outbound Tourism, Australia, Dynamic Panel Data, Panel Cointegration, Corrected Least Square Dummy Variable.

Silver Nanoparticles: Synthesis, Characterization and Applications

Day by day augmenting importance of metal nanoparticles in the versatile fields like, catalyst, electronic, magnetic, mechanic, optical optoelectronic, materials for solar cell and fuel cell, medical, bioimaging, cosmetic, ultrafast data communication and optical data storage, etc, is increasing their value. Nanoparticles of alkali metals and noble metals (copper, silver, platinum, palladium, and gold, etc.) have a broad absorption band in the visible region of the electromagnetic spectrum of light, because the solutions of these metal nanoparticles show the intense color, which is absent in their bulk counterparts as well as their atomic level. The main cause behind this phenomenon is attributed to the collective oscillations of the free conductive electrons that are induced by an interaction with electromagnetic field. The whole incidence is known as localized surface plasmonic resonance. Out of these, we have selected the silver nanoparticles for the studies. In this article, we will discuss the synthesis, characterization, and application of the silver nanoparticles. Future prospective and challenges in the field commercialization of the nanosilver is also discussed