Interdependence of international tourism demand for Mediterranean countries: Impact of demand shocks

被引：7
|
作者：
Kozic, Ivan [1 ]
Soric, Petar [2 ]
Sever, Ivan [1 ]
机构：
[1] Inst Tourism, Vrhovec 5, Zagreb 10000, Croatia
[2] Fac Econ & Business Zagreb, Dept Stat, Zagreb, Croatia
来源：
INTERNATIONAL JOURNAL OF TOURISM RESEARCH | 2019年 / 21卷 / 01期
关键词：
demand shock; impulse response function; VAR; FLOWS;
D O I：
10.1002/jtr.2244
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Interdependence of tourism demand is an underexplored topic in tourism economics literature. Besides the traditional procedure of cross elasticities calculation, shock analysis could be used to investigate the interconnections of tourism flows. This paper conducts an econometric analysis of international tourism demand for 10 most developed Mediterranean destinations: Croatia, Cyprus, France, Greece, Italy, Malta, Morocco, Spain, Tunisia, and Turkey. In particular, a vector autoregression model is estimated for each pair of 10 countries. Impulse response functions are applied to investigate how a shock in tourism demand for one country impacts the tourism demand for its substitutes and complements.
引用
收藏
页码：97 / 107
页数：11
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