Les déterminants de la demande touristique: le cas du Maroc

Determinants of tourism demand: the case of Morocco

Mohamed Bouzahzah and Younesse El Menyari

MPRA Paper from University Library of Munich, Germany

Abstract: Given the strong contribution of tourism in the Moroccan economy, we propose in this paper to analyze the determinants of an empirical point of view of international tourism demand addressed to Morocco. To do this, we estimated a vector error correction (VECM) for the period 2000 - 2009 with a quarterly frequency. The results of our estimates show that long-term arrivals at border posts (specifically from France, Spain and Germany) depend positively on income, the accommodation capacity in classified establishments, the exchange rate and negatively on the relative price. Furthermore, our estimates indicate that external shock (especially a terrorist act) will have a significantly negative impact on tourism demand.

Keywords: Tourism demand; stationarity; cointegration; VECM (search for similar items in EconPapers)
JEL-codes: C22 D12 (search for similar items in EconPapers)
Date: 2012-05-25, Revised 2012-05-25
New Economics Papers: this item is included in nep-ara and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:39029

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