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Demandas de turismo Argentina y Brasileña en Uruguay

Author

Listed:
  • Silvia Altmark

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Estadística)

  • Gabriela Mordecki

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía)

  • Florencia Santiñaque

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Estadística)

  • W. Adrián Risso

    () (Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economía / Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Estadística)

Abstract

Argentinian and Brazilian demands for tourism in Uruguay are analyzed separately. These countries represent 66.25% of the receptive tourism in Uruguay, however they presente different characteristics. Two long-run relationships among tourism expenditures, income and real touristic exchange rate are found by applying the cointegrating methodology. The income-demand elasticity is positive and larger than one in both cases, confirming the hypothesis that tourism is a luxury good. Moreover, this elasticity is smaller in Argentina (1.899) than in the Brazilian case (2.679). The relatively larger inelasticity in the Argentinian case could be due to the important percentage of Argentinian with second homes in Uruguay. In addition, the real touristic exchange rate elasticity is positive and more inelastic in the Argentinian case (0.623) than in Brazil (1.168).

Suggested Citation

  • Silvia Altmark & Gabriela Mordecki & Florencia Santiñaque & W. Adrián Risso, 2012. "Demandas de turismo Argentina y Brasileña en Uruguay," Documentos de Trabajo (working papers) 12-12, Instituto de Economía - IECON.
  • Handle: RePEc:ulr:wpaper:dt-12-12
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    File URL: http://www.iecon.ccee.edu.uy/dt-12-12-demandas-de-turismo-argentina-y-brasilena-en-uruguay/publicacion/311/es/
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Tourism demand; Touristic real exchange rate; Cointegration;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics

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