Competition in tourism among the Mediterranean countries

This paper examines tourism competition among the Mediterranean countries with particular emphasis on Greece. The estimated model includes as explanatory variables an income index, a price index of the host country, a price index of the competitors (Spain, Portugal and Italy) and exchange rate. The results show that the main determinants of Greece's tourism demand are both price indexes and exchange rate. They also show that Spain seems to be Greece's main competitor.

[1]  Andreas Papatheodorou.  The demand for international tourism in the Mediterranean region , 1999 .

[2]  Antonio García-Ferrer,et al.  A note on forecasting international tourism demand in Spain , 1997 .

[3]  Demand analysis in Irish tourism , 1996 .

[4]  C. Witt,et al.  Forecasting tourism demand: A review of empirical research , 1995 .

[5]  Paz Moral,et al.  An analysis of the international tourism demand in Spain , 1995 .

[6]  Stephen F. Witt,et al.  Econometric forecasts: Tourism trends to 2000 , 1992 .

[7]  Stephen F. Witt,et al.  Modeling and Forecasting Demand in Tourism , 1991 .

[8]  William R. Eadington,et al.  Economics and tourism. , 1991 .

[9]  J. Rosensweig.  Elasticities of substitution in Caribbean tourism. , 1988 .

[10]  Stephen F. Witt,et al.  Substitute prices in models of tourism demand. , 1988 .

[11]  Stephen F. Witt,et al.  Tourism demand forecasting models: Choice of appropriate variable to represent tourists' cost of living , 1987 .

[12]  Z. Mieczkowski,et al.  An Empirical Analysis of the Effects of the Exchange Rate on Canadian Tourism , 1987 .

[13]  Brian Archer,et al.  Demand forecasting and estimation. , 1987 .

[14]  H. Gunadhi,et al.  Demand elasticities of tourism in Singapore , 1986 .

[15]  Tie-sheng Wang,et al.  Domestic Tourism Development in China: A Regression Analysis , 1985 .

[16]  A. Edwards.  International tourism forecasts to 1995. , 1985 .

[17]  Kenneth J. White.  An international travel demand model: US travel to Western Europe. , 1985 .

[18]  J. Artus.  The Effect of Revaluation on the Foreign Travel Balance of Germany , 1970 .