Estimating the long-run effects of socioeconomic and meteorological factors on the domestic tourism demand for Galicia (Spain)

María Soledad Otero-Giráldez, Marcos Álvarez-Díaz and Manuel González-Gómez
Authors registered in the RePEc Author Service: Mª Soledad Otero Giráldez

Tourism Management, 2012, vol. 33, issue 6, 1301-1308

Abstract: Tourism is one of the more important sectors for the economy of Galicia (northwest of Spain). The aim of our study is to quantify determinants of Galician domestic tourism demand and their impacts. Additionally, confidence intervals for these impacts are calculated by bootstrapping data. The results show that income, Eastern vacations and the celebration of the Holy Year of the Apostle Saint James have had a relevant positive impact on tourism. There is also a significant positive connection between a meteorological phenomenon, the North Atlantic Oscillation (NAO), and tourism demand. On the other hand, the differential rates of inflation between Galicia and the rest of Spain and the 2008 economic crisis have had a negative effect.

Keywords: Tourism demand modeling; Meteorology; The North Atlantic Oscillation; ARDL approach; Bootstrapping; Galicia (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:touman:v:33:y:2012:i:6:p:1301-1308

DOI: 10.1016/j.tourman.2012.04.005

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