IDEAS home Printed from https://ideas.repec.org/a/vrs/ejothr/v7y2016i3p156-167n2.html
   My bibliography  Save this article

Do neighbouring countries encourage the demand of international business tourism?

Author

Listed:
  • Carvalho Pedro

    (School of Technology and Management, Polytechnic Institute of Viana do Castelo, Portugal)

  • Márquez Miguel A.

    (Faculty of Economics and Business Administration, University of Extremadura, Spain)

  • Díaz Montserrat

    (Faculty of Economics and Business Administration, University of Extremadura, Spain)

Abstract

This paper aims at determining the factors that influence the growth of international business tourism and understanding whether the demand growth of business tourism spreads across neighbouring countries. For the development of the empirical research, data has been collected from a sample of 136 countries worldwide, and spatial econometric techniques have been used. Evidence that supports the idea that the main factors related to the increase in incomes of business tourism are the private investment on tourism assets, the leisure tourism and the trade openness in relation to the outside world is presented. This study also reveals that the demand of business tourism in a country is not contagious, that is, the demand varies neither with the demand of its neighbours nor with their exogenous characteristics. The results have important implications for the choice of tourism policy goals at national levels and the corresponding policy instruments.

Suggested Citation

  • Carvalho Pedro & Márquez Miguel A. & Díaz Montserrat, 2016. "Do neighbouring countries encourage the demand of international business tourism?," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 7(3), pages 156-167, December.
    • Handle: RePEc:vrs:ejothr:v:7:y:2016:i:3:p:156-167:n:2
    DOI: 10.1515/ejthr-2016-0018
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/ejthr-2016-0018
    Download Restriction: no
    File URL: https://libkey.io/10.1515/ejthr-2016-0018?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. Aizenman, Joshua & Noy, Ilan, 2006. "FDI and trade--Two-way linkages?," The Quarterly Review of Economics and Finance, Elsevier, vol. 46(3), pages 317-337, July.
    2. Crouch, Geoffrey I. & Ritchie, J. R. Brent, 1999. "Tourism, Competitiveness, and Societal Prosperity," Journal of Business Research, Elsevier, vol. 44(3), pages 137-152, March.
    3. Tamara Mata & Carlos Llano, 2013. "Social networks and trade of services: modelling interregional flows with spatial and network autocorrelation effects," Journal of Geographical Systems, Springer, vol. 15(3), pages 319-367, July.
    4. Azman-Saini, W.N.W. & Baharumshah, Ahmad Zubaidi & Law, Siong Hook, 2010. "Foreign direct investment, economic freedom and economic growth: International evidence," Economic Modelling, Elsevier, vol. 27(5), pages 1079-1089, September.
    5. Marrocu, Emanuela & Paci, Raffaele, 2011. "They arrive with new information. Tourism flows and production efficiency in the European regions," Tourism Management, Elsevier, vol. 32(4), pages 750-758.
    6. Charles F. Manski, 2000. "Economic Analysis of Social Interactions," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 115-136, Summer.
    7. Raffaele Paci & Emanuela Marrocu, 2014. "Tourism and regional growth in Europe," Papers in Regional Science, Wiley Blackwell, vol. 93, pages 25-50, November.
    8. Marrocu, Emanuela & Paci, Raffaele, 2013. "Different tourists to different destinations. Evidence from spatial interaction models," Tourism Management, Elsevier, vol. 39(C), pages 71-83.
    9. Lloyd, P. J. & MacLaren, D., 2002. "Measures of trade openness using CGE analysis," Journal of Policy Modeling, Elsevier, vol. 24(1), pages 67-81, March.
    10. Shin, Youngsun, 2008. "Examining the Link between Visitors' Motivations and Convention Destination Image," MPRA Paper 25287, University Library of Munich, Germany, revised 17 Feb 2009.
    11. Deng, Minfeng & Athanasopoulos, George, 2011. "Modelling Australian domestic and international inbound travel: a spatial–temporal approach," Tourism Management, Elsevier, vol. 32(5), pages 1075-1084.
    12. Seetaram, Neelu, 2012. "Immigration and international inbound tourism: Empirical evidence from Australia," Tourism Management, Elsevier, vol. 33(6), pages 1535-1543.
    13. Yair Eilat & Liran Einav, 2004. "Determinants of international tourism: a three-dimensional panel data analysis," Applied Economics, Taylor & Francis Journals, vol. 36(12), pages 1315-1327.
    Full references (including those not matched with items on IDEAS)

    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. Gallardo-Vázquez Dolores & Hernández-Ponce Oscar Ernesto & Valdez-Juárez Luis Enrique, 2019. "Impact factors for the development of a competitive and sustainable tourist destination. Case: Southern Sonora Region," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 9(2), pages 3-14, December.
    2. Marrocu, Emanuela & Paci, Raffaele, 2013. "Different tourists to different destinations. Evidence from spatial interaction models," Tourism Management, Elsevier, vol. 39(C), pages 71-83.
    3. Ya-Yen Sun & Pei-Chun Lin, 2019. "How far will we travel? A global distance pattern of international travel from both demand and supply perspectives," Tourism Economics, , vol. 25(8), pages 1200-1223, December.
    4. Salvatore Costantino & Maria Francesca Cracolici & J. Paul Elhorst, 2023. "A spatial origin‐destination approach for the analysis of local tourism demand in Italy," Papers in Regional Science, Wiley Blackwell, vol. 102(2), pages 393-419, April.
    5. Xueying Huang & Yuanjun Han & Xuhong Gong & Xiangyan Liu, 2020. "Does the belt and road initiative stimulate China’s inbound tourist market? An empirical study using the gravity model with a DID method," Tourism Economics, , vol. 26(2), pages 299-323, March.
    6. David Boto‐García & Antonio Alvarez & José Baños, 2021. "Modelling heterogeneous preferences for nature‐based tourism trips," Papers in Regional Science, Wiley Blackwell, vol. 100(6), pages 1625-1653, December.
    7. 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.
    8. De Vita, Glauco, 2014. "The long-run impact of exchange rate regimes on international tourism flows," Tourism Management, Elsevier, vol. 45(C), pages 226-233.
    9. Nuno Carlos Leit o, 2015. "Portuguese Tourism Demand: A Dynamic Panel Data Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 5(3), pages 673-677.
    10. Charbel Bassil & Ghialy Yap, 2024. "Can immigration moderate the adverse effects of political instability on international tourism? A case study of Australia," Tourism Economics, , vol. 30(2), pages 477-497, March.
    11. Rinaldo Brau & Anna Maria Pinna, 2013. "Movements of People for Movements of Goods?," The World Economy, Wiley Blackwell, vol. 36(10), pages 1318-1332, October.
    12. Morley, Clive & Rosselló, Jaume & Santana-Gallego, Maria, 2014. "Gravity models for tourism demand: theory and use," Annals of Tourism Research, Elsevier, vol. 48(C), pages 1-10.
    13. Armand Viljoen & Andrea Saayman & Melville Saayman, 2019. "Determinants influencing inbound arrivals to Africa," Tourism Economics, , vol. 25(6), pages 856-883, September.
    14. Davide Provenzano, 2020. "The migration–tourism nexus in the EU28," Tourism Economics, , vol. 26(8), pages 1374-1393, December.
    15. Gianluca Cafiso & Roberto Cellini & Tiziana Cuccia, 2015. "Do Economic Crises Lead Tourists to Closer Destinations? An Analysis of Italy's Regional Data," CESifo Working Paper Series 5250, CESifo.
    16. Huang-Ping Yen & Po-Chi Chen & Kung-Cheng Ho, 2021. "Analyzing Destination Accessibility From the Perspective of Efficiency Among Tourism Origin Countries," SAGE Open, , vol. 11(2), pages 21582440211, April.
    17. Boopen, Seetanah, 2005. "Transport Capital as a Determinant of Tourism Development: A Time Series Approach," MPRA Paper 25402, University Library of Munich, Germany, revised 07 Nov 2006.
    18. Maria Santana-Gallego & Jordi Paniagua, 2022. "Tourism and migration: Identifying the channels with gravity models," Tourism Economics, , vol. 28(2), pages 394-417, March.
    19. Athanasopoulos, George & Deng, Minfeng & Li, Gang & Song, Haiyan, 2014. "Modelling substitution between domestic and outbound tourism in Australia: A system-of-equations approach," Tourism Management, Elsevier, vol. 45(C), pages 159-170.
    20. Chansoo Park & Young-Rae Kim & Jihwan Yeon, 2023. "Stronger together: International tourists “spillover†into close countries," Tourism Economics, , vol. 29(5), pages 1204-1224, August.

    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:vrs:ejothr:v:7:y:2016:i:3:p:156-167:n:2. 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    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.