Modeling determinants of tourism demand in Colombia

Juan Vanegas (), Marisol Valencia (), Jorge Restrepo () and Guberney Muneton ()
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Juan Vanegas: Fundación Universitaria Autónoma de las Américas Economics and Management Department Calle 34A # 76-35, Medellín, Colombia
Marisol Valencia: Fundación Universitaria Autónoma de las Américas Economics and Management Department Calle 34A # 76-35, Medellín, Colombia
Jorge Restrepo: Tecnológico de Antioquia, I.U., Management and Economics Department Cl. 78B 72A-220, Medellín, Colombia
Guberney Muneton: Universidad de Antioquia, Instituto de Estudios Regionales Calle 67 # 53 - 108, Medellín, Colombia

Tourism and Hospitality Management, 2020, vol. 26, issue 1, 49-67

Abstract: Purpose – This paper estimates the determinants of international tourist arrivals to Colombia from 1995 to 2014. Design – Tourist demand is related to interlinking relationships between origins and destinations. The international movement of travelers has grown exponentially in recent decades, and these dynamics have affected Colombia as well. Methodology/Approach – We propose a generalized linear mixed model, with a consideration of factors from the theory of consumer choice and those approached from the perspective of new economic geography. Findings – Apart from purchasing power and institutional factors as facilitators of travel, we found that general aspects of the country (such as language and geographical proximity) directly affect the flow of visitors, whereas exchange differences and physical distance reduce tourist attraction. Originality of the research – Estimation of tourist flows will serve as a diagnostic and planning tool for developing proposals of tourism attractiveness related to different environment.

Keywords: tourism demand; tourist flows; generalized linear mixed model; developing countries (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:tho:journl:v:26:y:2020:n:1:p:49-67

DOI: 10.20867/thm.26.1.4

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