Seasonal Tourism Demand Models from USA to Greece
Bibliographic Data
| ID | 11411504 |
|---|---|
| Authors | Nikolaos Dritsakis (University of Macedonia, corresponding author), Katerina Gialetaki |
| Year | 2004 |
| Volume | 29 |
| Issue | 3 |
| Pages | 7-13 |
| Publication date | 2004-01-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Tourism Recreation Research (JOURNAL) |
| Journal identifiers | ISSN: 0250-8281 • E-ISSN: 2320-0308 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/02508281.2004.11081452 |
| OpenAlex | W2045688427 |
| Language | EN |
| Citations received | 1 |
| References cited | 20 |
Tourists from USA, which is Greece's third major market after the European Union and Japan, represent 6% of international tourist arrivals in Greece in 2002. The average annual growth rate of tourist arrivals from USA was 20% for the period 1960–2000. Despite the political, economic and military crises, which dominated in the examined period, tourist arrivals to Greece from USA have continued to grow slowly. Therefore, it is essential to consider the economic factors influencing this tourism demand. The purpose of the paper is to estimate the elasticities among origin country's income, consumer price indices of both countries and transportation cost of inbound tourism from USA to Greece, exchange rate, and prices of goods and services of a competitive country using seasonally unadjusted quarterly data. Given Turkey's proximity to Greece, it is also useful to determine whether Greece and Turkey are substitute or complementary destinations using tourism demand models. In addition, vector error correction models (VECM) are examined in order to illustrate the seasonal effect of tourism demand in USA for Greece
Cointegration · Destinations · Econometrics · Economics · Economy · Error correction model · European union · Exchange rate · Geography · International trade · Macroeconomics · Order (exchange · Tourism · Consumer Market Behavior and Pricing · Diverse Aspects of Tourism Research · Economics of Agriculture and Food Markets · Finance
Likelihood-Based Inference in Cointegrated Vector Autoregressive Models
Testing structural hypotheses in a multivariate cointegration analysis of the PPP and the UIP for UK
Information Theory and an Extension of the Maximum Likelihood Principle
Testing Against General Autoregressive and Moving Average Error Models when the Regressors Include Lagged Dependent Variables
Macroeconomics and Reality
Estimating the Dimension of a Model
Maximum Likelihood Estimation and Inference on Cointegration — With Applications to the Demand for Money
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
Tourism demand forecasting models
The demand for tourism in North East England with special reference to Northumbria
Cointegration analysis of German and British tourism demand for Greece
Statistical analysis of cointegration vectors
| Citations per year | 0.09 |
|---|---|
| Citation span | 2015 - 2015 (1) |
| Highly cited | No |