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A comparative analysis of tourism destination demand in Portugal

2014-01Journal article Open access
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dc.contributor.authorSerra, Jaime
dc.contributor.authorCorreia, Antónia
dc.contributor.authorRodrigues, Paulo M. M.
dc.date.accessioned2018-12-07T14:53:08Z
dc.date.available2018-12-07T14:53:08Z
dc.date.issued2014-01
dc.description.abstractTourism has experienced different levels of development in the different regions of Portugal. To frame this development, in this paper dynamic panel data models were estimated with the objective of explaining the evolution of international overnight stays in each region. Secondary data from 2000 to 2011 was used. The analysis includes the main tourism source markets for Portugal, such as the United Kingdom, Germany, the Netherlands, Ireland, France and Spain. The tourism literature suggests that, among others, the main determinants of tourism demand are income (GDP), household consumption, unemployment rate and the harmonised consumer price index. Per capita income, unemployment rate and final household consumption were identified as the most shared explanatory variables in each tourism region. However, in some regions, the high elasticity with respect to per capita income was confirmed, suggesting that tourism is a luxury good. It is observed that, although significant, the explanatory power of these variables varies according to the origin and the destination region considered. Findings suggest heterogeneous behaviour of the main international tourism demand by region. Furthermore, results also suggest some implications for public and private tourism authorities. Stakeholders can update the analysis, trends and forecasts of international tourism demand, put forward in the National Strategic Plan for Tourism for the period from 2013 to 2015, by taking into account the different macroeconomic variables that help explain international overnight stays in each region of Portugal. (C) 2013 Elsevier Ltd. All rights reserved.
dc.identifier.doi10.1016/j.jdmm.2013.10.002
dc.identifier.issn2212-571X
dc.identifier.urihttp://hdl.handle.net/10400.1/11368
dc.language.isoeng
dc.peerreviewedyes
dc.publisherElsevier Science Bv
dc.subjectPanel-Data Analysis
dc.subjectInternational tourism
dc.subjectEconomic growth
dc.subjectCointegration approach
dc.subjectData model
dc.subjectDeterminants
dc.subjectAustralia
dc.subjectArrivals
dc.subjectIslands
dc.subjectGalicia
dc.titleA comparative analysis of tourism destination demand in Portugal
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage227
oaire.citation.issue4
oaire.citation.startPage221
oaire.citation.titleJournal of Destination Marketing & Management
oaire.citation.volume2
person.familyNameCorreia
person.familyNameRodrigues
person.givenNameAntónia
person.givenNamePaulo
person.identifierR-000-K54
person.identifier.ciencia-id831F-FFD0-7A78
person.identifier.orcid0000-0002-6707-8289
person.identifier.orcid0000-0003-1285-7493
person.identifier.scopus-author-id12140006700
person.identifier.scopus-author-id55914151600
rcaap.rightsopenAccess
rcaap.typearticle
relation.isAuthorOfPublicationd3eb5da0-42d2-408b-af65-664563a18f5f
relation.isAuthorOfPublication043d1fec-b8b8-4ddc-9350-165d4fc4760d
relation.isAuthorOfPublication.latestForDiscoveryd3eb5da0-42d2-408b-af65-664563a18f5f

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