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An econometric model for international tourism flows to Spain

dc.contributor.authorGarín-Muñoz, Teresa
dc.contributor.authorPérez Amaral, Teodosio
dc.date.accessioned2023-06-21T01:38:07Z
dc.date.available2023-06-21T01:38:07Z
dc.date.issued1998
dc.description.abstractThe purpose oC this study is to measure the impact of the economic determinants of the intemational demand for tourist services in Spain. We use a panel data set of seventeen countries over the perlad 1985-1995. By using appropriate panel data techniques we estimate the effects of real per capita income, exchange rates, and real prices on the demand for Spanish tourist services. The estimated elasticities are +1.40, +0.50, and -0.30, respectively. The negative effect of the Gulf War is also detected, with a coefficient of -0.15. These results are comparable to previous empirical studies for other countries.
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.facultyInstituto Complutense de Análisis Económico (ICAE)
dc.description.refereedTRUE
dc.description.statuspub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/28804
dc.identifier.relatedurlhttp://www.ucm.es/icae
dc.identifier.urihttps://hdl.handle.net/20.500.14352/64216
dc.issue.number15
dc.language.isoeng
dc.page.total9
dc.publication.placeMadrid
dc.publisherFacultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE)
dc.relation.ispartofseriesDocumentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE)
dc.rightsAtribución-NoComercial-CompartirIgual 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/3.0/es/
dc.subject.keywordModelo econométrico
dc.subject.keywordTurismo internacional
dc.subject.keywordEspaña.
dc.subject.ucmEconometría (Economía)
dc.subject.ucmTurismo
dc.subject.unesco5302 Econometría
dc.subject.unesco5312.90 Economía Sectorial: Turismo
dc.titleAn econometric model for international tourism flows to Spain
dc.typetechnical report
dc.volume.number1998
dcterms.referencesAlmagro, J. (1979): "Aplicaciones del enfoque Box-Jenkins a series del turismo español". Cuadernos económicos del ICE, vol. 11-12,53-107. Almagro, J. (1982): "Ingresos por turismo: un análisis en un contexto multivariante". Papeles de Economía Española, vol. 11,69-100. Arellano, M. and S. Bond (1988) "Dynamie Panel Data Estimation Using DPD. A Guide for Users", Institute for Fiscal Studies, Working Paper 88/15, London. Arellano, M. and O. Bover (1995): "Another look at the instrumental variable estimation of error component models". Journal of Econometrics, vol. 68, n. 1,29-51. Bakkal, I. (1991): "Characteristics of West German demand for intemational tourism in tbe northern Mediterranean region". Applied Economics, vol. 23, 295-304. Chadee, D. and Z. Mieczkowski (1987): "An empirical analysis of the effects of the exchange rate on Canadian tourism". Journal of Travel Research, vol. 26 (1), 13-17. Crouch, G. I. (1994): "The study of intemational tourism demand: A survey of practice". Journal of Travel Research, vol. 32 (4), 41-55. Esteban, A. (1996): "La demanda turística internacional" in La actividad turística española en 1994. Edited by AECIT. Madrid. Gray, H. P. (1966): "The demand for intemational travel by the United States and Canada". International Economic Review, vol. 7 (January), 83-92. Gray, H. P. (1982): "The contributions of economics to tourism". Annals of Tourism Research, vol. 9, 105-125. Hsiao, C. (1986): Analysis of Panel Data. Cambridge University Press. Cambridge. IMF (1997): International Financial Statistics Yearbook. INE (1995): Encuesta mensual de Movimiento de Viajeros en Establecimientos Hoteleros. Lin, T. B. and Y. W. Sun (1983): "Hong Kong" in Tourism in Asia: The economic impact. Edited by E. A. Pye and T. B. Lin. Singapore: Singapore University Press, 1-100. Little, J. S. (1980): "International Travel in the U.S. Balance of Payments". New England Economic Review, (May/June),245-256. Loeb, P. D. (1982): "International Travel to the United States: an econometric evaluation". Annals of Tourism Research, vol. 9, 7-20. Martín, C. A. and S. F. Witt (1989): "Forecasting tourism demand: a comparison of the accuracy of several quantitative methods". International Journal of Forecasting, vol. 5,7-19. OECD (1997): National Accounts. Padilla, R. (1988): "La demanda de servicios turísticos en España". Universidad Complutense de Madrid, PhD Dissertation. Syriopoulos, T. C. and M. T. Sinclair (1993): "An econometric study of tourism demand: the AIDS model of US and European tourism in Mediterranean countries". Applied Economics, vol. 25, 1541-1552. Summary, R. (1987): "Estimation of tourism demand by multivariable regression analysis: evidence from Kenya". Tourism Management, december. Witt, S. F. and Martín, C. A. (1987): "Econometric models for forecasting intemational tourism demand". Journal of Travel Research, winter.
dspace.entity.typePublication
relation.isAuthorOfPublication14ac85fa-418f-40ee-b712-4075cd494574
relation.isAuthorOfPublication.latestForDiscovery14ac85fa-418f-40ee-b712-4075cd494574

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