𝔖 Bobbio Scriptorium
✦   LIBER   ✦

A compact econometric model of tourism demand for Turkey

✍ Scribed by Sevgin Akis

Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
309 KB
Volume
19
Category
Article
ISSN
0261-5177

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✦ Synopsis

This study examines the relationship between tourism demand for Turkey and national income of the tourist generating country at constant prices, and relative prices (prices in the host country divided by prices in tourist generating country). In determining the relationship, a double-logarithmic functional form of the regression model is used. Taking the period 1980-1993 as the base of the study, 18 countries which constitute an important percentage of tourism demand in Turkey have been chosen. In general, the results indicate a positive relationship between tourists arrivals and national income of tourist generating countries, and a negative relationship between tourist arrivals and relative prices.

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