Museum and monument attendance and tourism flow: a time series analysis approach

Roberto Cellini and Tiziana Cuccia

Applied Economics, 2013, vol. 45, issue 24, 3473-3482

Abstract: This article takes a time-series analysis approach to evaluate the directions of causality between tourism flows, on the one side, and museum and monument attendance, on the other. We consider Italy as a case study, and analyse monthly data over the period January 1996 to December 2010. All the considered series are seasonally integrated, and co-integration links emerge. We focus on the error-correction mechanism among co-integrated time series to detect the directional link(s) of causality. Clear-cut results emerge: bi-directional causality exists in the long-run dynamics, but it is the long-run dynamics of visits to museums and monuments that mainly adjust to tourism variables (arrivals, overnights, average stays). In the short run, there are some causal effects going from the cultural sites’ attendance to tourism dynamics. The nonstationary nature of time series, their co-integration relationships and the direction of causal links suggest specific implications for tourism and cultural policies.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)

Downloads: (external link)
http://hdl.handle.net/10.1080/00036846.2012.716150 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Museum and monument attendance and tourism flow: A time series analysis approach (2009)
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:taf:applec:v:45:y:2013:i:24:p:3473-3482

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036846.2012.716150

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().