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Portuguese Tourism Demand: A Dynamic Panel Data Analysis

Year 2015, Volume: 5 Issue: 3, 673 - 677, 01.09.2015

Nuno Carlos Leitão

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

Year 2015, Volume: 5 Issue: 3, 673 - 677, 01.09.2015

Nuno Carlos Leitão

Abstract

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Details

Other ID JA39VB54AS
Journal Section Research Article
Authors

Nuno Carlos Leitão This is me

Publication Date September 1, 2015
Published in Issue Year 2015 Volume: 5 Issue: 3

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APA Leitão, N. C. (2015). Portuguese Tourism Demand: A Dynamic Panel Data Analysis. International Journal of Economics and Financial Issues, 5(3), 673-677.
AMA Leitão NC. Portuguese Tourism Demand: A Dynamic Panel Data Analysis. IJEFI. September 2015;5(3):673-677.
Chicago Leitão, Nuno Carlos. “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”. International Journal of Economics and Financial Issues 5, no. 3 (September 2015): 673-77.
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 N. C. Leitão, “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”, IJEFI, vol. 5, no. 3, pp. 673–677, 2015.
ISNAD Leitão, Nuno Carlos. “Portuguese Tourism Demand: A Dynamic Panel Data Analysis”. International Journal of Economics and Financial Issues 5/3 (September 2015), 673-677.
JAMA 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, 2015, pp. 673-7.
Vancouver Leitão NC. Portuguese Tourism Demand: A Dynamic Panel Data Analysis. IJEFI. 2015;5(3):673-7.