IDEAS home Printed from https://ideas.repec.org/a/tho/journl/v26y2020n1p49-67.html
   My bibliography  Save this article

Modeling determinants of tourism demand in Colombia

Author

Listed:
  • Juan Vanegas

    (Fundación Universitaria Autónoma de las Américas Economics and Management Department Calle 34A # 76-35, Medellín, Colombia)

  • Marisol Valencia

    (Fundación Universitaria Autónoma de las Américas Economics and Management Department Calle 34A # 76-35, Medellín, Colombia)

  • Jorge Restrepo

    (Tecnológico de Antioquia, I.U., Management and Economics Department Cl. 78B 72A-220, Medellín, Colombia)

  • Guberney Muneton

    (Universidad de Antioquia, Instituto de Estudios Regionales Calle 67 # 53 - 108, Medellín, Colombia)

Abstract

Purpose – This paper estimates the determinants of international tourist arrivals to Colombia from 1995 to 2014. Design – Tourist demand is related to interlinking relationships between origins and destinations. The international movement of travelers has grown exponentially in recent decades, and these dynamics have affected Colombia as well. Methodology/Approach – We propose a generalized linear mixed model, with a consideration of factors from the theory of consumer choice and those approached from the perspective of new economic geography. Findings – Apart from purchasing power and institutional factors as facilitators of travel, we found that general aspects of the country (such as language and geographical proximity) directly affect the flow of visitors, whereas exchange differences and physical distance reduce tourist attraction. Originality of the research – Estimation of tourist flows will serve as a diagnostic and planning tool for developing proposals of tourism attractiveness related to different environment.

Suggested Citation

  • Juan Vanegas & Marisol Valencia & Jorge Restrepo & Guberney Muneton, 2020. "Modeling determinants of tourism demand in Colombia," Tourism and Hospitality Management, University of Rijeka, Faculty of Tourism and Hospitality Management, vol. 26(1), pages 49-67, June.
  • Handle: RePEc:tho:journl:v:26:y:2020:n:1:p:49-67
    DOI: https://doi.org/10.20867/thm.26.1.4
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/file/340108
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.20867/thm.26.1.4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Teresa Garin-Munoz & Teodosio Perez Amaral, 2000. "An econometric model for international tourism flows to Spain," Applied Economics Letters, Taylor & Francis Journals, vol. 7(8), pages 525-529.
    2. Su, Yu-Wen & Lin, Hui-Lin, 2014. "Analysis of international tourist arrivals worldwide: The role of world heritage sites," Tourism Management, Elsevier, vol. 40(C), pages 46-58.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sakiru Adebola Solarin & Sinan Erdogan & Ugur Korkut Pata & Mustafa Tevfik Kartal, 2024. "Modeling the determinants of tourism diversification: An empirical analysis for Australia," Tourism Economics, , vol. 30(8), pages 2002-2020, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. E. M. Ekanayake & Mihalis Halkides & John R. Ledgerwood, 2012. "Inbound International Tourism To The United States: A Panel Data Analysis," International Journal of Management and Marketing Research, The Institute for Business and Finance Research, vol. 5(3), pages 15-27.
    2. Saayman, Andrea & Viljoen, Armand & Saayman, Melville, 2018. "Africa’s outbound tourism: An Almost Ideal Demand System perspective," Annals of Tourism Research, Elsevier, vol. 73(C), pages 141-158.
    3. Agiomirgianakis, George & Serenis, Dimitrios & Tsounis, Nicholas, 2017. "Effective timing of tourism policy: The case of Singapore," Economic Modelling, Elsevier, vol. 60(C), pages 29-38.
    4. Can, Ali Selcuk & Ekinci, Yuksel & Pino, Giovanni, 2021. "Joint brand advertising for emerging heritage sites," Annals of Tourism Research, Elsevier, vol. 91(C).
    5. McAleer, M.J. & Huang, B-W. & Kuo, H-I. & Chen, C-C. & Chang, C-L., 2008. "An econometric analysis of SARS and Avian flu on international tourist arrivals to Asia," Econometric Institute Research Papers EI 2008-21, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    6. Mehmood, Shafaqat & Ahmad, Zahid & Khan, Ather Azim, 2016. "Dynamic relationships between tourist arrivals, immigrants, and crimes in the United States," Tourism Management, Elsevier, vol. 54(C), pages 383-392.
    7. Francis Baidoo & Lei Pan & Vera Ogeh Lassey Fiador & Elikplimi Komla Agbloyor, 2024. "Importing to feed international tourists: Growth implications for islands across the globe," Tourism Economics, , vol. 30(7), pages 1651-1679, November.
    8. Xiaoping Zhuang & Yong Yao & Jun (Justin) Li, 2019. "Sociocultural Impacts of Tourism on Residents of World Cultural Heritage Sites in China," Sustainability, MDPI, vol. 11(3), pages 1-19, February.
    9. Chukiat Chaiboonsri & Prasert Chaitip & N. Rangaswamy, 2008. "A Panel Unit Root and Panel Cointegration Test of the Modeling International Tourism Demand in India," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(1), pages 95-124.
    10. David Wuepper, 2017. "What is the value of world heritage status for a German national park? A choice experiment from Jasmund, 1 year after inscription," Tourism Economics, , vol. 23(5), pages 1114-1123, August.
    11. Zhou Lu & Haiwei Li & Chi Keung Marco Lau & Aliyu Buhari Isah, 2021. "Preferences and Tourism Development under Uncertainty: An Empirical Study," Sustainability, MDPI, vol. 13(5), pages 1-9, February.
    12. Gundelfinger-Casar, Javier & Coto-Millán, Pablo, 2018. "Measuring the main determinants of tourism flows to the Canary Islands from mainland Spain," Journal of Air Transport Management, Elsevier, vol. 70(C), pages 83-90.
    13. Krambia-Kapardis Maria & Stylianou Ioanna & Demetriou Salomi, 2022. "Nonlinear nexus between corruption and tourism arrivals: a global analysis," Empirical Economics, Springer, vol. 63(4), pages 1997-2024, October.
    14. Shah Imtiyaz Ahmad & Nengroo Tariq Ahad & Haq Imtiyaz ul, 2022. "Determinants of International Tourism Demand in India: An Augmented Gravity Model Approach," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 32(3), pages 102-115, September.
    15. Hanafi Hussin, 2018. "Gastronomy, Tourism, and the Soft Power of Malaysia," SAGE Open, , vol. 8(4), pages 21582440188, October.
    16. Blanka Škrabić Perić & Blanka Šimundić & Vinko Muštra & Marijana Vugdelija, 2021. "The Role of UNESCO Cultural Heritage and Cultural Sector in Tourism Development: The Case of EU Countries," Sustainability, MDPI, vol. 13(10), pages 1-14, May.
    17. Petr, Christine, 2015. "How heritage site tourists may become monument visitors," Tourism Management, Elsevier, vol. 51(C), pages 247-262.
    18. Benxiang Zeng, 2017. "Cultural Centre, Destination Cultural Offer and Visitor Satisfaction," Sustainability, MDPI, vol. 9(11), pages 1-12, October.
    19. Melitón Ramirez Mattos, 2005. "Econometric Model for Cement demand and supply in Bolivia," Econometrics 0508019, University Library of Munich, Germany.
    20. Sergio Da Silva & Gustavo Manfrim, 2007. "Estimating demand elasticities of fixed telephony in Brazil," Economics Bulletin, AccessEcon, vol. 12(5), pages 1-9.

    More about this item

    Keywords

    tourism demand; tourist flows; generalized linear mixed model; developing countries;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tho:journl:v:26:y:2020:n:1:p:49-67. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Montan The email address of this maintainer does not seem to be valid anymore. Please ask Ana Montan to update the entry or send us the correct address (email available below). General contact details of provider: http://www.fthm.uniri.hr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.