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Demanda de turismo de Europa a México, 2005-2018: un análisis de cointegración
[Tourism Demand from Europe to Mexico, 2005–2018: A Cointegration Analysis]

Author

Listed:
  • José César Lenin Navarro Chávez Mario Gómez

Abstract

This paper analyzes tourism demand in the countries of Europe for Mexi-co from 2005 to 2018. Unit root and cointegration tests in panel data are applied. Results indicate that there is presence of unit roots in the variables. A long-term equilibrium relationship was found among tourism demand, real exchange rate, and income, and also there are bidirectional causality relation-ships between these variables. The positive relationship among the variables implies that a depreciation of the domestic currency and a higher level of income of the releasing countries would generate greater tourism demand in Mexico.

Suggested Citation

  • José César Lenin Navarro Chávez Mario Gómez, 2019. "Demanda de turismo de Europa a México, 2005-2018: un análisis de cointegración [Tourism Demand from Europe to Mexico, 2005–2018: A Cointegration Analysis]," Revista Nicolaita de Estudios Económicos, Universidad Michoacana de San Nicolás de Hidalgo, Instituto de Investigaciones Económicas y Empresariales, vol. 0(2), pages 135-143, July.
    • Handle: RePEc:ris:rnicee:023023
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    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • C54 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Quantitative Policy Modeling
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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