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An Econometric Model of Tourism Demand in France

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  • Botti, Laurent
  • Peypoch, Nicolas
  • Randriamboarison, Rado
  • Solonandrasana, Bernardin
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    Abstract

    This case study gives an overview of the tourism demand in France by using an econometric model. The study covers the period between 1975 and 2003. Five developed countries have been selected, and the choice of the countries is based upon the fact that continuous data on all relevant variables are available only for those countries. The results show a positive relationship between tourist expenditures and generating country GDP, and a negative relation between tourist expenditures and relative prices.

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    File URL: http://mpra.ub.uni-muenchen.de/25390/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 25390.

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    Date of creation: 07 Jul 2006
    Date of revision: 30 Dec 2006
    Publication status: Published in TOURISMOS: An International Multidisciplinary Refereed Journal of Tourism 1.2(2007): pp. 115-126
    Handle: RePEc:pra:mprapa:25390

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    Related research

    Keywords: tourism demand; tourist expenditures; national income; relative prices;

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    1. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-72, June.
    2. James G. MacKinnon, 2010. "Critical Values for Cointegration Tests," Working Papers 1227, Queen's University, Department of Economics.
    3. McAleer, Michael, 1994. " Sherlock Holmes and the Search for Truth: A Diagnostic Tale," Journal of Economic Surveys, Wiley Blackwell, vol. 8(4), pages 317-70, December.
    4. Witt, Stephen F. & Witt, Christine A., 1995. "Forecasting tourism demand: A review of empirical research," International Journal of Forecasting, Elsevier, vol. 11(3), pages 447-475, September.
    5. Ong, Christine, 1995. "Tourism demand models: a critique," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 39(3), pages 367-372.
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