Panel Data and Tourism: A Case Study of Tenerife
Francisco J. Ledesma-RodrÃguez,
Manuel Navarro-Ibáñez and
Jorge V. Pérez-RodrÃguez
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Jorge V. Pérez-RodrÃguez: Facultad de Ciencias Económicas y Empresariales, Dpto. Métodos Cuantitativos en EconomÃa y Gestión, University of Las Palmas de Gran Canaria, 35017 Las Palmas de Gran Canaria, Spain
Tourism Economics, 2001, vol. 7, issue 1, 75-88
Abstract:
The authors estimate short-run and long-run elasticities for tourists visiting the island of Tenerife. Panel data analysis has rarely been used in previous empirical research. Most of the work in this field takes a price and an income variable to explain tourism demand, and less attention has been given to other variables, such as promotional expenditure. The authors find a significant influence in this variable. They also obtain significant elasticities for income, exchange rate, cost of the trip, and infrastructure.
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:7:y:2001:i:1:p:75-88
DOI: 10.5367/000000001101297748
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