Egon Smeral
Abstract
This article uses econometric methods to estimate how tourism demand reacts to increased economicgrowth. Three models are introduced and used in the illustration of the effects of a 1% increase in growth on real revenue from tourism in nine European countries.
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This article uses econometric methods to estimate how tourism demand reacts to increased economicgrowth. Three models are introduced and used in the illustration of the effects of a 1% increase in growth on real revenue from tourism in nine European countries.
Key concepts: Tourism, Economics, Revenue, Econometric model, Econometrics, Microeconomics, Macroeconomics, Regional science