Portuguese Tourism Demand: A Dynamic Panel Data Analysis

Nuno Carlos Leitão

EN

Portuguese Tourism Demand: A Dynamic Panel Data Analysis

Abstract

This article considers the determinants of Portuguese tourism demand for the period 2004-2013. The econometric methodology uses a panel unit root test and the dynamic panel data (GMM-system estimator). The different techniques of panel unit root (Levin, Lin and Chu & Im, Pesaran and Shin W-stat & ADF - Fisher Chi-square) show that the variables used in this panel are stationary. The dynamic model proves that tourism demand is a dynamic process. The variables relative prices, income per capita, human capital and government spending encourage international tourism demand for Portugal

Keywords

Tourism demand, dynamic panel data, panel unit root test, Portugal

Details

Primary Language

English

Subjects

-

Journal Section

-

Authors

Nuno Carlos Leitão This is me

Publication Date

September 1, 2015

Submission Date

September 1, 2015

Acceptance Date

-

Published in Issue

Year 2015 Volume: 5 Number: 3

IZ

https://izlik.org/JA83YW67ME

Cite

RIS / Bibtex

APA

Leitão, N. C. (2015). Portuguese Tourism Demand: A Dynamic Panel Data Analysis. International Journal of Economics and Financial Issues, 5(3), 673-677. https://izlik.org/JA83YW67ME

AMA

1.Leitão NC. Portuguese Tourism Demand: A Dynamic Panel Data Analysis. IJEFI. 2015;5(3):673-677. https://izlik.org/JA83YW67ME

Chicago

Leitão, Nuno Carlos. 2015. “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”. International Journal of Economics and Financial Issues 5 (3): 673-77. https://izlik.org/JA83YW67ME.

EndNote

Leitão NC (September 1, 2015) Portuguese Tourism Demand: A Dynamic Panel Data Analysis. International Journal of Economics and Financial Issues 5 3 673–677.

IEEE

[1]N. C. Leitão, “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”, IJEFI, vol. 5, no. 3, pp. 673–677, Sept. 2015, [Online]. Available: https://izlik.org/JA83YW67ME

ISNAD

Leitão, Nuno Carlos. “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”. International Journal of Economics and Financial Issues 5/3 (September 1, 2015): 673-677. https://izlik.org/JA83YW67ME.

JAMA

1.Leitão NC. Portuguese Tourism Demand: A Dynamic Panel Data Analysis. IJEFI. 2015;5:673–677.

MLA

Leitão, Nuno Carlos. “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”. International Journal of Economics and Financial Issues, vol. 5, no. 3, Sept. 2015, pp. 673-7, https://izlik.org/JA83YW67ME.

Vancouver

1.Nuno Carlos Leitão. Portuguese Tourism Demand: A Dynamic Panel Data Analysis. IJEFI [Internet]. 2015 Sep. 1;5(3):673-7. Available from: https://izlik.org/JA83YW67ME