Demandas de turismo Argentina y Brasileña en Uruguay

Silvia Altmark (), Gabriela Mordecki, Florencia Santiñaque () and Adrián Risso ()
Additional contact information
Silvia Altmark: Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Estadí­stica
Florencia Santiñaque: Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Estadí­stica
Adrián Risso: Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Economí­a / Universidad de la República (Uruguay). Facultad de Ciencias Económicas y de Administración. Instituto de Estadí­stica

No 12-12, Documentos de Trabajo (working papers) from Instituto de Economía - IECON

Abstract: Argentinian and Brazilian demands for tourism in Uruguay are analyzed separately. These countries represent 66.25% of the receptive tourism in Uruguay, however they presente different characteristics. Two long-run relationships among tourism expenditures, income and real touristic exchange rate are found by applying the cointegrating methodology. The income-demand elasticity is positive and larger than one in both cases, confirming the hypothesis that tourism is a luxury good. Moreover, this elasticity is smaller in Argentina (1.899) than in the Brazilian case (2.679). The relatively larger inelasticity in the Argentinian case could be due to the important percentage of Argentinian with second homes in Uruguay. In addition, the real touristic exchange rate elasticity is positive and more inelastic in the Argentinian case (0.623) than in Brazil (1.168).

Keywords: Tourism demand; Touristic real exchange rate; Cointegration (search for similar items in EconPapers)
JEL-codes: C01 L83 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2012-10
New Economics Papers: this item is included in nep-tur
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hdl.handle.net/20.500.12008/4212 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ulr:wpaper:dt-12-12

Access Statistics for this paper

More papers in Documentos de Trabajo (working papers) from Instituto de Economía - IECON Contact information at EDIRC.
Bibliographic data for series maintained by Lorenza Pérez ().