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Estimating the long-run effects of socioeconomic and meteorological factors on the domestic tourism demand for Galicia (Spain)

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  • Otero-Giráldez, María Soledad
  • Álvarez-Díaz, Marcos
  • González-Gómez, Manuel

Abstract

Tourism is one of the more important sectors for the economy of Galicia (northwest of Spain). The aim of our study is to quantify determinants of Galician domestic tourism demand and their impacts. Additionally, confidence intervals for these impacts are calculated by bootstrapping data. The results show that income, Eastern vacations and the celebration of the Holy Year of the Apostle Saint James have had a relevant positive impact on tourism. There is also a significant positive connection between a meteorological phenomenon, the North Atlantic Oscillation (NAO), and tourism demand. On the other hand, the differential rates of inflation between Galicia and the rest of Spain and the 2008 economic crisis have had a negative effect.

Suggested Citation

  • Otero-Giráldez, María Soledad & Álvarez-Díaz, Marcos & González-Gómez, Manuel, 2012. "Estimating the long-run effects of socioeconomic and meteorological factors on the domestic tourism demand for Galicia (Spain)," Tourism Management, Elsevier, vol. 33(6), pages 1301-1308.
    • Handle: RePEc:eee:touman:v:33:y:2012:i:6:p:1301-1308
    DOI: 10.1016/j.tourman.2012.04.005
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    1. Manuel González Gómez & Xerardo Pereiro, 2021. "Sinerxias entre as conexións aéreas de baixo custo en Porto (Portugal) e visitantes e peregrinos a Galicia," Working Papers 2102, Universidade de Vigo, Departamento de Economía Aplicada.
    2. Luca Zamparini & Anna Serena Vergori & Serena Arima, 2017. "Assessing the determinants of local tourism demand," Tourism Economics, , vol. 23(5), pages 981-992, August.
    3. Martin Falk, 2014. "Weather and Tourism Demand in the Summer Months across Austrian provinces," ERSA conference papers ersa14p1149, European Regional Science Association.

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