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An Econometric Model of Tourism Demand in France

Author

Listed:
  • Botti, Laurent
  • Peypoch, Nicolas
  • Randriamboarison, Rado
  • Solonandrasana, Bernardin

Abstract

This case study gives an overview of the tourism demand in France by using an econometric model. The study covers the period between 1975 and 2003. Five developed countries have been selected, and the choice of the countries is based upon the fact that continuous data on all relevant variables are available only for those countries. The results show a positive relationship between tourist expenditures and generating country GDP, and a negative relation between tourist expenditures and relative prices.

Suggested Citation

  • Botti, Laurent & Peypoch, Nicolas & Randriamboarison, Rado & Solonandrasana, Bernardin, 2006. "An Econometric Model of Tourism Demand in France," MPRA Paper 25390, University Library of Munich, Germany, revised 30 Dec 2006.
    • Handle: RePEc:pra:mprapa:25390
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    File URL: https://mpra.ub.uni-muenchen.de/25390/1/MPRA_paper_25390.pdf
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    References listed on IDEAS

    as
    1. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
    2. Witt, Stephen F. & Witt, Christine A., 1995. "Forecasting tourism demand: A review of empirical research," International Journal of Forecasting, Elsevier, vol. 11(3), pages 447-475, September.
    3. Ong, Christine, 1995. "Tourism demand models: a critique," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 39(3), pages 367-372.
    4. McAleer, Michael, 1994. "Sherlock Holmes and the Search for Truth: A Diagnostic Tale," Journal of Economic Surveys, Wiley Blackwell, vol. 8(4), pages 317-370, December.
    5. James G. MacKinnon, 1990. "Critical Values for Cointegration Tests," Working Paper 1227, Economics Department, Queen's University.
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    Cited by:

    1. Sergey MALAKHOV, 2018. "Propensity to Search and Income Elasticity of Demand: Does the Equilibrium Really Exist?," Expert Journal of Economics, Sprint Investify, vol. 6(1), pages 15-25.

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    More about this item

    Keywords

    tourism demand; tourist expenditures; national income; relative prices;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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