Les déterminants de la demande touristique: le cas du Maroc
[Determinants of tourism demand: the case of Morocco]
AbstractGiven the strong contribution of tourism in the Moroccan economy, we propose in this paper to analyze the determinants of an empirical point of view of international tourism demand addressed to Morocco. To do this, we estimated a vector error correction (VECM) for the period 2000 - 2009 with a quarterly frequency. The results of our estimates show that long-term arrivals at border posts (specifically from France, Spain and Germany) depend positively on income, the accommodation capacity in classified establishments, the exchange rate and negatively on the relative price. Furthermore, our estimates indicate that external shock (especially a terrorist act) will have a significantly negative impact on tourism demand.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 39029.
Date of creation: 25 May 2012
Date of revision: 25 May 2012
Tourism demand; stationarity; cointegration; VECM;
Find related papers by JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-06-05 (All new papers)
- NEP-ARA-2012-06-05 (MENA - Middle East & North Africa)
- NEP-TUR-2012-06-05 (Tourism Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andrea Mervar & James E. Payne, 2007. "An Analysis of Foreign Tourism Demand for Croatian Destinations: Long-Run Elasticity Estimates," Working Papers 0701, The Institute of Economics, Zagreb.
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- Chukiat Chaiboonsri & Prasert Chaitip & N. Rangaswamy, 2008. "A Panel Unit Root and Panel Cointegration Test of the Modeling International Tourism Demand in India," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(1), pages 95-124.
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132.
- Chukiat Chaiboonsri & Jittaporn Sriboonjit & Thanes Sriwichailamphan & Prasert Chaitip & Songsak Sriboonchitta, 2010. "A Panel Cointegration Analysis: An Application To International Tourism Demand Of Thailand," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 10(3), pages 69-86.
- Bouzahzah, Mohamed & El Menyari, Younesse, 2013. "The relationship between international tourism and economic growth: the case of Morocco and Tunisia," MPRA Paper 44102, University Library of Munich, Germany.
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