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Title: Tourism Demand in Portugal: Market Perspectives
Authors: Serra, Jaime
Correia, Antónia
Rodrigues, Paulo M. M.
Editors: Kozak, Metin
Kozak, Nazmi
Keywords: Tourism demand
Econometric model
Panel data
Issue Date: 24-Apr-2012
Publisher: Detay Anatolia Yayincilik
Citation: Jaime Serra; Antónia Correia; Paulo M. M. Rodrigues. Tourism Demand in Portugal: Market Perspectives, Trabalho apresentado em 6th World Conference for Graduate Research Tourism, Hospitality and Leisure, In 6th World Conference for Graduate Research Tourism, Hospitality and Leisure - Proceedings Book, Fethiye, 2012.
Abstract: Tourism has experienced different levels of development in the different regions of Portugal. To frame this development, several panel data models were estimated. The main objective is to explain the evolution of overnight stays by nationality in each region. Secondary data from 2000 to 2010 was used. The analysis includes the main tourism markets, such as the United Kingdom, Germany, the Netherlands, Ireland, France and Spain. Tourism literature suggests that, among others, the main determinants of tourism demand are Income (GDP), population, tourist´s income by place of residence, households’ consumption, unemployment rate, inflation rate, compensation of employees, comparative prices and households’ investment rate. It is observed that, although significant, the explanatory power of these variables varies according to the origin and the destination region considered.
ISBN: 978-605-5437-83-1
Type: article
Appears in Collections:SOC - Artigos em Livros de Actas/Proceedings

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