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Publicação
Portuguese tourism demand:a dynamic panel data analysis
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Autores
Orientador(es)
Resumo(s)
This article considers the determinants of Portuguese tourism demand for the period 2004-2013. The econometric methodology uses a panel unit root test and the dynamic panel data (GMM-system estimator). The different techniques of panel unit root (Levin, Lin and Chu; Im, Pesaran and Shin W-stat and augmented Dickey-Fuller - Fisher Chi-square) show that the variables used in this panel are stationary. The dynamic model proves that tourism demand is a dynamic process. The variables relative prices, income per capita, human capital and government spending encourage international tourism demand for Portugal.
Descrição
Palavras-chave
Tourism demand Dynamic panel data Panel unit root test Portugal
Contexto Educativo
Citação
Leitão, N. (2015). Portuguese tourism demand : a dynamic panel data analysis. International Journal of Economics and Financial Issues, 5 (3), 673-677.
Editora
EconJournals