Uma Aplicação do Modelo de Dados em Painéis na Identificação dos Principais Determinantes do Turismo Internacional

Marcio Cruz, Cássio Rolim and Guilherme Homsy

No 1149, Discussion Papers from Instituto de Pesquisa Econômica Aplicada - IPEA

Abstract: This research aimed at identifying the determinants of the international tourism flowand diagnosing the main restrictions on its expansion in developing countries. Theanalysis was based on panel models due to its adequacy for identifying prominentfactors of a generalized form. This study concluded that income is a fundamentaldeterminant to explain the emission of tourists and there are signs of a significantelasticity, which is empirically coherent. Regarding tourism attractiveness, we foundout that the relevant role of security risks and of the development level of the countrycould be estimated by the Human Development Index - HDI. The results showed thatdevelopment conditions and geographical proximity to rich countries tend to beimportant for the international tourism flow.

Pages: 55 pages
Date: 2006-01
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Persistent link: https://EconPapers.repec.org/RePEc:ipe:ipetds:1149

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