Accommodation Capacity, Trade Openness and International Tourism Demand in Croatia

IF 2 Q2 HOSPITALITY, LEISURE, SPORT & TOURISM
Tourism Pub Date : 2021-12-22 DOI:10.37741/t.70.1.3
N. Erjavec, Kristina Devčić
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引用次数: 0

Abstract

This paper investigates the determinants of international tourism demand in Croatia, a country whose economy is heavily dependent on tourism. A particular focus is placed on the role of accommodation capacity and trade openness, two demand drivers that have been rarely examined in combination. Using the difference GMM estimator, a dynamic panel model of international tourism demand in Croatia is estimated, employing annual data for 16 tourism generating countries from 2007 to 2019. The results show that the lagged dependent variable, income, accommodation capacity, and exchange rate have a positive effect on international tourism demand, while the impact of relative prices and trade openness prove to be irrelevant in the Croatian context.
克罗地亚的住宿容量、贸易开放与国际旅游需求
本文研究了克罗地亚这个经济严重依赖旅游业的国家的国际旅游需求的决定因素。特别关注住宿能力和贸易开放的作用,这两个需求驱动因素很少被结合起来研究。利用差分GMM估计器,利用2007年至2019年16个旅游产生国的年度数据,估计了克罗地亚国际旅游需求的动态面板模型。结果表明,滞后因变量、收入、住宿能力和汇率对国际旅游需求有积极影响,而相对价格和贸易开放的影响在克罗地亚的背景下被证明是无关的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Tourism
Tourism HOSPITALITY, LEISURE, SPORT & TOURISM-
CiteScore
3.10
自引率
17.60%
发文量
0
审稿时长
24 weeks
期刊介绍: Journal TOURISM is an international academic and professional quarterly which welcomes articles on various aspects of travel and tourism. Th e journal emphasises the broadness and interrelatedness of the tourism sector. Manuscripts submitted to the Journal can be processed quickly if they are prepared according to the following guidelines. Manuscripts will be returned to the author with a set of instructions if they are not submitted according to our style guide. No contribution will be accepted which has been published elsewhere, unless it is specifi cally invited or agreed by the Editor.
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