The demand for international tourism in the Mediterranean region
The paper studies the demand for international tourism, in the Mediterranean region. First a review of the most important attempts to model econometrically the demand for international tourism in the past is given, followed by a formal presentation of the proposed theoretical model. In particular, a version of the Almost Ideal Demand System (AIDS) is adopted and a description of the variables involved and their sources, together with the estimation procedure, are provided. The diagrammatic analysis performed contributes to a better understanding of the evolution of the dependent variable over time. The results with respect to the expenditure as well as to the own- and cross-price elasticities may be regarded as econometrically satisfactory and a reasonable economic explanation is given.
Volume (Year): 31 (1999)
Issue (Month): 5 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEC20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEC20|
When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:31:y:1999:i:5:p:619-630. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)
If references are entirely missing, you can add them using this form.