Demandas de turismo Argentina y Brasileña en Uruguay
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).
|Date of creation:||Oct 2012|
|Contact details of provider:|| Postal: Av. Gonzalo Ramirez 1926, CP 11200, Montevideo|
Phone: (598) 2413-1007
Fax: (598) 2419-8727
Web page: http://www.iecon.ccee.edu.uy/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ulr:wpaper:dt-12-12. 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: (Andrés Dean)
If references are entirely missing, you can add them using this form.