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| Tekijä: | Torraleja, F-A.G. Vazquez, A.M. Franco, M.J.B. |
| Otsikko: | Flows into tourist areas: An econometric approach |
| Lehti: | International Journal of Tourism Research
2009 : JAN/FEB, VOL. 11:1, p. 1-15 |
| Asiasana: | tourist industry tourism markets econometrics cointegration Spain |
| Kieli: | eng |
| Tiivistelmä: | This paper aims at identifying the degree of interrelation existing between the different tourist markets. Specifically, the study is based on an analysis of the evolution in the relations btw. the main tourist-receiving centres in Spain. The short- and long-term dynamic relations existing between them are identified. Determined are their degree of interdependence and any potential leadership relations. The methodology used is the one underlying Cointegration theory and vector autoregressive theory, with forecast error variance decomposition and the impulse-response function. The selected areas for the study were the following coastal tourist destinations of Spain: Costa de Alicante, Costa Brava, Costa del Sol, Costa Valenciana and Palma de Mallorca. |
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