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Title:Tourism demand in Tunisia : a VECM approach
Authors:ID Dekkiche, Djamal (Author)
Files:URL https://journals.um.si/index.php/oe/article/view/2936
 
URL https://journals.um.si/index.php/oe/article/view/2936
 
Language:English
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:EPF - Faculty of Business and Economics
Abstract:This research aimed to study the determinants of tourism demand in Tunisia from 1995 to 2019 with four independent variables: gross domestic product, consumer price index, the real exchange rate, and air transport passengers carried. The research employed the Unit root test, Co-integration test, and Vector Error Correction model (VECM) to examine the variables' short- and long-run relationship dynamics. The results show that co-integrating relations exist among the variables; all independent variables negatively impact tourism demand except Air transport. Depending on the results obtained, policymakers should be aware of the negative effect of the country's political instability on the extent of external tourism demand. In this sense, the government must restore political stability to encourage tourists to visit Tunisia. Future studies should consider factors such as the economy's trade openness and oil prices.
Keywords:tourism industry, tourism demand, VECM, Co-integration, Tunisia
Publication status:Published
Publication version:Version of Record
Publication date:30.06.2023
Year of publishing:2023
Number of pages:str. 50-59
Numbering:Vol. 69, no. 2
PID:20.500.12556/DKUM-85639-39c7b954-4db3-9b90-f33e-14a09aa9e565 New window
UDC:338.48:330.3(611)
ISSN on article:0547-3101
COBISS.SI-ID:163340803 New window
DOI:10.18690/10.2478/ngoe-2023-0011 New window
Publication date in DKUM:05.09.2023
Views:388
Downloads:8
Metadata:XML DC-XML DC-RDF
Categories:Misc.
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Record is a part of a journal

Title:Naše gospodarstvo : revija za aktualna gospodarska vprašanja
Shortened title:Naše gospod.
Publisher:Ekonomsko-poslovna fakulteta, Društvo ekonomistov Maribor, Ekonomski center Maribor
ISSN:0547-3101
COBISS.SI-ID:751364 New window

Licences

License:CC BY 4.0, Creative Commons Attribution 4.0 International
Link:http://creativecommons.org/licenses/by/4.0/
Description:This is the standard Creative Commons license that gives others maximum freedom to do what they want with the work as long as they credit the author.

Secondary language

Language:Slovenian
Title:Turistično povpraševanje v Tuniziji : VECM pristop
Abstract:Namen te raziskave je bil preučiti determinante turističnega povpraševanja v Tuniziji od leta 1995 do leta 2019 s štirimineodvisnimi spremenljivkami: bruto domačim proizvodom, indeksom cen življenjskih potrebščin, realnim menjalnim tečajemin številom prepeljanih potnikov v zračnem prometu. V raziskavi so bili uporabljeni testi enotskih korenov, kointegracijski testin model vektorske korekcije napak (VECM) za preučitev dinamike kratkoročnih in dolgoročnih razmerij med spremenljivkami.Rezultati kažejo, da med spremenljivkami obstajajo kointegracijski odnosi; vse neodvisne spremenljivke negativno vplivajona turistično povpraševanje, razen letalskega prevoza. Glede na dobljene rezultate bi se morali oblikovalci politik zavedatinegativnega vpliva politične nestabilnosti države na obseg zunanjega turističnega povpraševanja. V tem smislu mora vladaponovno vzpostaviti politično stabilnost, da bi turiste spodbudila k obisku Tunizije. Prihodnje študije bi morale upoštevatidejavnike, kot so trgovinska odprtost gospodarstva in cene nafte.
Keywords:turistična industrija, turistično povpraševanje, VECM, kointegracija, Tunizija


Collection

This document is a part of these collections:
  1. Naše gospodarstvo

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