IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

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

  • Andrea Mervar
  • James E. Payne


    (The Institute of Economics, Zagreb)

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.

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:
Download Restriction: no

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

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:

More information through EDIRC

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

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

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.