Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.15/83
Título: Does trade help to explain tourism demand? The case of Portugal
Autor: Leitão, Nuno Carlos
Palavras-chave: Trade
Tourism demand
Panel data
Tourism forecasting
Qualitative methods
Data: 2010
Editora: General Association of Economists from Romania
Citação: LEITÃO, Nuno Carlos - Does trade help to explain tourism demand? The case of Portugal. Theoretical and Applied Economics. ISSN 1841-8678. Vol. 17, no. 3 (2010), p. 63-74
Resumo: The tourism industry has expanded in recent years due to internal and external environmental forces. These forces, income, trade, consumer price, and geographical distance are interconnected. Accounting for imperfect competition and increasing returns to scale, the new trade theory offers the explanation of dynamic gains from international trade. A large number of studies attempt to test the hypothesis that there is a link between trade and tourism. Most of the studies show that trade and tourism are positively correlated. This paper specifies static and dynamic panel demand models for tourism in Portugal and estimates demand equations using tourist inflow data for the period 1995-2006. We find that bilateral trade, immigration, border, and geographical distance between Portugal and countries of origin are the main determinants of tourism to Portugal. The dynamic panel data approach indicates that trade, population, and income are more important determinants than relative price.
URI: http://hdl.handle.net/10400.15/83
ISSN: 1841-8678
Versão do Editor: http://www.ectap.ro/
Aparece nas colecções:Artigos em revistas internacionais_ESGTS

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