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| Author: | Munoz, T. G. |
| Title: | German demand for tourism in Spain |
| Journal: | Tourism Management
2007 : VOL. 28:1, p.12-22 |
| Index terms: | tourism demand dynamic models consumers |
| Language: | eng |
| Abstract: | This paper proposes a dynamic model to examine German demand for tourism in Spain. The model is applied to a panel data set consisting of inbound German tourism in each of the 17 Spanish destinations (Autonomous Communities) for the period 1991-2003. The empirical results suggest that tourism demand in the previous period has an important effect on current tourism demand. The results also indicate that the demand for tourism in Spain is a luxury for the Germans and highly dependent on the evolution of relative prices and cost of travel between Germany and the destination. |
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