A nonlinear dynamic model to international tourism demand in Spanish Mediterranean coasts

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dc.contributor.author Albaladejo, Isabel
dc.contributor.author González-Martínez, Maribel
dc.contributor.other Ekonomická fakulta cs
dc.date.accessioned 2018-12-06
dc.date.accessioned 2018-12-17T08:35:46Z
dc.date.available 2018-12-17T08:35:46Z
dc.identifier.issn 1212-3609
dc.identifier.uri https://dspace.tul.cz/handle/15240/124746
dc.description.abstract Spanish Mediterranean coasts are a consolidated tourist destination and enjoy growing demand. These coasts receive the highest number of international arrivals in Spain. This paper has been developed to gain a better knowledge of the determinants of this international tourism demand. A nonlinear dynamic model that analyses how previous tourists can affect tourism demand decisions is proposed. This nonlinear dynamic specification extends the standard dynamic equation for tourism demand to include interaction effects between previous tourists and two destination characteristics: the quality of the tourism services and tourist congestion. Both characteristics are important to define the reputation or attractiveness of the destination. We test the model using panel data from the 11 provinces which make up the Spanish Mediterranean coasts, and the 7 European countries which are the main origin markets for the period 2005-2015. The system GMM procedure is applied to estimate the econometric model. The econometric results show evidence of strong persistence in international tourism demand. Previous tourists have an important positive and non-constant effect, and this effect is positively influenced by the quality of the tourism services, and negatively by tourist congestion. Therefore, the effect of previous tourists is not constant but varies across provinces and over time. This effect is stronger in provinces with high quality tourism services and lower congestion. Additionally, the impact of previous tourists has not remained constant over time, but has increased in the Mediterranean provinces since 2005. The investments realized in quality and quantity of hotel services during this period have enhanced their reputation. en
dc.format text
dc.format.extent 14 stran cs
dc.language.iso en
dc.publisher Technická Univerzita v Liberci cs
dc.publisher Technical university of Liberec, Czech Republic en
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dc.relation.ispartof Economics and Management en
dc.rights CC BY-NC
dc.subject international tourism demand en
dc.subject previous tourists effect en
dc.subject dynamic panel data en
dc.subject interaction effects en
dc.subject Spain en
dc.subject.classification C23
dc.subject.classification L83
dc.subject.classification Z32
dc.title A nonlinear dynamic model to international tourism demand in Spanish Mediterranean coasts en
dc.type Article en
dc.publisher.abbreviation TUL
dc.relation.isrefereed true
dc.identifier.doi 10.15240/tul/001/2018-4-005
dc.identifier.eissn 2336-5604
local.relation.volume 21
local.relation.issue 4
local.relation.abbreviation E+M cs
local.relation.abbreviation E&M en
local.faculty Faculty of Economics
local.citation.spage 65
local.citation.epage 78
local.access open
local.fulltext yes
local.filename EM_4_2018_05
dc.identifier.orcid 0000-0001-7441-7392 Albaladejo, Isabel
dc.identifier.orcid 0000-0001-6564-9298 González-Martínez, Maribel

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