Advanced Search
MyIDEAS: Login

An Analysis of Foreign Tourism Demand for Croatian Destinations: Long-Run Elasticity Estimates

Contents:

Author Info

  • Andrea Mervar
  • James E. Payne

    () (The Institute of Economics, Zagreb)

Abstract

Given that tourism is a significant source of export revenues for Croatia, it is vital for policymakers to understand the factors affecting foreign tourism demand for Croatian destinations. This study provides long-run elasticity estimates associated with the aggregate foreign tourism demand for Croatian destinations in the period 1994:1-2004:4 using the autoregressive distributed lag (ARDL) approach. Foreign tourism demand is proxied by the aggregate number of foreign overnight stays in Croatia. The long-run elasticity estimates indicate that tourism demand is positive and highly elastic with respect to the income of tourist-generating countries. Moreover, tourism demand is adversely affected by the political conflicts in the 1990s. The real exchange rate and transportation costs are not statistically significant determinants of foreign tourism demand.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.eizg.hr/Download.ashx?FileID=7d05a0cc-b61b-4b2a-bc5e-b1b0eae9b7fd
Download Restriction: no

Bibliographic Info

Paper provided by The Institute of Economics, Zagreb in its series Working Papers with number 0701.

as in new window
Length: 21 pages
Date of creation: Feb 2007
Date of revision:
Publication status: Published - Mervar, Andrea i James E. Payne, 2007, «Analysis of Foreign Tourism Demand for Croatian Destinations: Long-Run Elasticity Estimates», Tourism Economics, 13(3), September, pp. 407-420.
Handle: RePEc:iez:wpaper:0701

Contact details of provider:
Postal: Trg J.F.Kennedy 7, HR - 10000 Zagreb
Phone: (**385 1) 23 35 700
Fax: (**385 1) 23 35 165
Web page: http://www.eizg.hr
More information through EDIRC

Related research

Keywords: tourism demand; cointegration; ARDL; Croatia;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Andreja Benkovic & Juan Felipe Mejía, 2008. "Tourism as a driver of economic development: The Colombian experience," DOCUMENTOS DE TRABAJO CIEF 010630, UNIVERSIDAD EAFIT.
  2. Nuno Carlos LEITÃO & Muhammad SHAHBAZ, 2012. "Migration and Tourism Demand," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(567)), pages 39-48, February.
  3. Nuno, Carlos Leitão & Muhammad, Shahbaz, 2011. "Migration and Tourist Flows," MPRA Paper 34905, University Library of Munich, Germany, revised 12 Nov 2011.
  4. Halicioglu, Ferda, 2008. "An Econometric Analysis of Aggregate Outbound Tourism Demand of Turkey," MPRA Paper 6765, University Library of Munich, Germany, revised 2008.
  5. Bouzahzah, Mohamed & El Menyari, Younesse, 2012. "Les déterminants de la demande touristique: le cas du Maroc
    [Determinants of tourism demand: the case of Morocco]    ," MPRA Paper 39029, University Library of Munich, Germany, revised 25 May 2012.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:iez:wpaper:0701

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Doris Banicevic).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.