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Detecting Interregional Patterns In Tourism Seasonality Of Greece: A Principal Components Analysis Approach

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  • Dimitrios TSIOTAS

    (Adjunct Lecturer, Department of Regional and Economic Development, Agricultural University of Athens, Greece, Nea Poli, Amfissa, 33100, Greece, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece, tsiotas@aua.gr)

  • Thomas KRABOKOUKIS

    (Ph.D. candidate, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece)

  • Serafeim POLYZOS

    (Professor, Department of Planning and Regional Development, University of Thessaly, Pedion Areos, Volos, 38334, Greece)

Abstract

Tourism seasonality is a complex phenomenon incorporating a temporal, a spatial, and a socioeconomic (ontological) dimension. This paper builds on principal component analysis (PCA) to provide an integrated methodological framework for studying all three dimensions of tourism seasonality. The proposed method classifies the seasonal patterns of tourism demand of the Greek prefectures into regional groups, which are examined in terms of their geographical and socioeconomic characteristics. The study aims to configure distinguishable seasonal profiles in terms of their socioeconomic attributes. The proposed method is applied to monthly data of tourism overnight stays for the period 1998-2018 and detects seven principal components described by diverse socioeconomic attributes. The overall analysis proposes a useful tool for tourism management and regional policy, it advances PCA to be used as a tool of regional classification, and it incorporates a multivariate consideration based on the socioeconomic evaluation of the principal components. The proposed methodology develops an integrated framework dealing with complexity describing socioeconomic research and particularly tourism seasonality.

Suggested Citation

  • Dimitrios TSIOTAS & Thomas KRABOKOUKIS & Serafeim POLYZOS, 2020. "Detecting Interregional Patterns In Tourism Seasonality Of Greece: A Principal Components Analysis Approach," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 91-112, June.
    • Handle: RePEc:hrs:journl:v:xii:y:2020:i:2:p:91-112
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    4. Teresa Sequeira & Conceicao Rego & Andreia Dionisio, 2024. "Investment And Productivity In The Agro-Industrial Sector: A Case Study," Sustainable Regional Development Scientific Journal, Sustainable Regional Development Scientific Journal, vol. 0(2), pages 13-26, October.
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    7. Thomas KRABOKOUKIS & Dimitrios TSIOTAS & Serafeim POLYZOS, 2021. "Detecting Determinants In Tourist Seasonality Of Greece: A Binary Logistic Regression Approach," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 16(1), pages 5-19, February.
    8. George Petrakos & Konstantinos Rontos & Chara Vavoura & Ioannis Vavouras, 2023. "The Impact of Recent Economic Crises on Income Inequality and the Risk of Poverty in Greece," Economies, MDPI, vol. 11(6), pages 1-23, June.
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    13. Christos AMOIRADIS & Mariya STANKOVA & Efstathios VELISSARIOU & Christos Ap. LADIAS, 2021. "Sustainability Analysis Of Greece'S Promotion As A Tourism Destination," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 227-238, June.

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    More about this item

    Keywords

    regional development; seasonal classification; spatiotemporal patterns; pattern recognition.;
    All these keywords.

    JEL classification:

    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • Z30 - Other Special Topics - - Tourism Economics - - - General

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