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An econometric model for international tourism flows to Spain

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Garín-Muñoz, Teresa and Pérez Amaral, Teodosio (1998) An econometric model for international tourism flows to Spain. [ Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE); nº 15, 1998, ]

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Official URL: http://eprints.ucm.es/28804/


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Abstract

The 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.


Item Type:Working Paper or Technical Report
Uncontrolled Keywords:Modelo econométrico; Turismo internacional; España.
Subjects:Social sciences > Economics > Econometrics
Social sciences > Economics > Tourism
Series Name:Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE)
Volume:1998
Number:15
ID Code:28804
Deposited On:02 Mar 2015 17:10
Last Modified:02 Mar 2015 17:10

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