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Panel Data and Tourism: A Case Study of Tenerife

Author

Listed:
  • Francisco J. Ledesma-Rodríguez
  • Manuel Navarro-Ibáñez
  • Jorge V. Pérez-Rodríguez

    (Facultad de Ciencias Económicas y Empresariales, Dpto. Métodos Cuantitativos en Economía y Gestión, University of Las Palmas de Gran Canaria, 35017 Las Palmas de Gran Canaria, Spain)

Abstract

The authors estimate short-run and long-run elasticities for tourists visiting the island of Tenerife. Panel data analysis has rarely been used in previous empirical research. Most of the work in this field takes a price and an income variable to explain tourism demand, and less attention has been given to other variables, such as promotional expenditure. The authors find a significant influence in this variable. They also obtain significant elasticities for income, exchange rate, cost of the trip, and infrastructure.

Suggested Citation

  • Francisco J. Ledesma-Rodríguez & Manuel Navarro-Ibáñez & Jorge V. Pérez-Rodríguez, 2001. "Panel Data and Tourism: A Case Study of Tenerife," Tourism Economics, , vol. 7(1), pages 75-88, March.
    • Handle: RePEc:sae:toueco:v:7:y:2001:i:1:p:75-88
    DOI: 10.5367/000000001101297748
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