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Does trade help to explain tourism demand? The case of Portugal

dc.contributor.authorLeitão, Nuno Carlos
dc.date.accessioned2010-06-15T09:33:24Z
dc.date.available2010-06-15T09:33:24Z
dc.date.issued2010
dc.description.abstractThe 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.pt
dc.identifier.citationLEITÃO, 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. 63-74pt
dc.identifier.issn1841-8678
dc.identifier.urihttp://hdl.handle.net/10400.15/83
dc.language.isoengpt
dc.publisherGeneral Association of Economists from Romaniapt
dc.relation.publisherversionhttp://www.ectap.ro/pt
dc.subjectTradept
dc.subjectTourism demandpt
dc.subjectPanel datapt
dc.subjectTourism forecastingpt
dc.subjectQualitative methodspt
dc.subjectPortugalpt
dc.titleDoes trade help to explain tourism demand? The case of Portugalpt
dc.typejournal article
dspace.entity.typePublication
oaire.citation.conferencePlaceBucarestept
oaire.citation.endPage74pt
oaire.citation.startPage63pt
oaire.citation.titleTheoretical and Applied Economicspt
person.familyNameLeitão
person.givenNameNuno Carlos
person.identifier.orcid0000-0002-7602-2615
rcaap.rightsopenAccesspt
rcaap.typearticlept
relation.isAuthorOfPublication59b3a478-abed-4851-a925-fe8d133213c5
relation.isAuthorOfPublication.latestForDiscovery59b3a478-abed-4851-a925-fe8d133213c5

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