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As tourism is becoming one of the most important sources of economic growth at the local level, it is imperative to identify and assess the relevant determinants of tourism flows. This paper investigates this issue by carrying out an econometric analysis based on the origin-destination (OD)...
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Tourism is one of the most important economic sectors and the largest industry in the world, as it contributes to 5% of gross domestic product (GDP) worldwide and 6-7% of total employment. The international tourist flow has increased significantly during the latest 15 years. In 2011 there was a...
Persistent link: https://www.econbiz.de/10010633281
This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly affected by economic developments in the source...
Persistent link: https://www.econbiz.de/10005769110
Tourism represents one of the most important income sources for Italy. In recent years, apart from “traditional” destinations, tourism supply is widely changing in order to satisfy the customers “love for variety” and valorise marginal resources, then new formulas are emerging (e.g....
Persistent link: https://www.econbiz.de/10005038796
The paper aims at analysing the impact of domestic and international tourism on the economic growth process for 179 regions in ten European countries, which are highly representative of total tourism flows. The econometric analysis is carried out for the period 1999-2009 and it is based on a...
Persistent link: https://www.econbiz.de/10010740546
The importance of cultural events for attracting tourism has been often posited in research, however rarely tested in relation to non-cultural activities. This paper investigates the association between participation in entertainment activities and tourism flows in Italian provinces, and find...
Persistent link: https://www.econbiz.de/10010585721