Modelling Tourism Demand in Tunisia Using Cointegration and Error Correction Models

Houssine Choyakh ()
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Houssine Choyakh: University of Sfax

Chapter Chapter 5 in Advances in Tourism Economics, 2009, pp 71-84 from Springer

Abstract: Tunisia is considered as a popular destination for the European tourists because of lots of factors such as the geographic proximity to Europe, the natural attractions like the sunny weather, the nice beaches, the Sahara and also for the cultural heritage of the country which vary from Carthaginian and Roman past to the Arab and Islamic history. Some 6.5 million of tourists visited Tunisia in 2006 and have spent over 2 billion dollars, which represents more than 6% of Tunisian GDP. Moreover, tourism employs 100,000 people and the revenue generated by this sector amounts to 74% of the commercial trade deficit.

Keywords: Price Elasticity; Income Elasticity; Error Correction Model; Cross Price Elasticity; Tourism Product (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1007/978-3-7908-2124-6_5

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