Identificador persistente para citar o vincular este elemento: http://hdl.handle.net/10553/42564
Título: The role of economic development in tourism demand
Autores/as: Eugenio-Martin, Juan L. 
Martín-Morales, Noelia
Sinclair, M. Thea
Clasificación UNESCO: 531290 Economía sectorial: turismo
Palabras clave: Turismo
Economía del turismo
Fecha de publicación: 2008
Editor/a: 1354-8166
Publicación seriada: Tourism Economics 
Resumen: This paper investigates the relevance of the supply-side characteristics of countries as determinants of the growth of tourism. Particular emphasis is placed on the role of economic development as a driver of tourism over time. Much of the literature on tourism has focused on the effects of tourism as an income generator. However, to attract tourists, it may be necessary to have a minimum threshold of economic development. This paper examines whether economic development is relevant to tourists' decision making. A cross-sectional time series model which deals with autocorrelation and heteroskedasticity in the error term is proposed. First, the model considers a worldwide panel data set of destination countries for tourists from Australia, France, Germany, Japan, Spain, the UK and the USA. Then, the sample is divided into smaller areas according to geographical and GDP criteria to investigate differences within competing countries in the same area. The results show that for the worldwide case, economic development matters and makes a difference to tourists' decision making. Subsample analysis shows that in those countries with high GDP levels, differences in economic development are not significant, whereas in developing countries they are.
URI: http://hdl.handle.net/10553/42564
ISSN: 1354-8166
DOI: 10.5367/000000008786440111
Fuente: Tourism Economics[ISSN 1354-8166],v. 14 (4), p. 673-690
Colección:Artículos
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