Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/328576 
Year of Publication: 
2022
Citation: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 10 [Issue:] 11 [Article No.:] 276 [Year:] 2022 [Pages:] 1-21
Publisher: 
MDPI, Basel
Abstract: 
This empirical study evaluates European tourism demand in Spain from 2000 to 2020. To test the hypotheses, we have modelled tourism demand, which is measured in terms of travellers arriving in Spain. An Error Correction Model adapted to a panel structure has been utilised to work within a time series context and differentiate up to 14 European countries of origin. The findings denote that over the short and the long term, gross domestic product (GDP) and the number of beds positively relate to tourism demand. Still, the stock market indices are not significant in both terms. The price index, trade flows, and length of stay differ in the short and the long term. Results of this study call the attention of policy makers and the private sector to encourage an increase in the supply of available beds to ensure post-pandemic sustainability.
Subjects: 
Europe
GDP
panel data
stock market indices
supply of beds
tourism demand
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.