Affiliation:
1. 1 Relizane University , BP 48000 Relizane , Algeria
Abstract
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.
Subject
Energy Engineering and Power Technology,Fuel Technology
Reference20 articles.
1. Adeola, O., Boso, N., & Evans, O. (2018). Drivers of international tourism demand in Africa. Business Economics, 53(1), 25–36. DOI: https://doi.org/10.1057/S11369-017-0051-3
2. Baghirov, A., & Sarkhanov, T. (2023). The Influence of Incoming Tourists and Consumer Price Index on Tourism Receipts. African Journal of Hospitality, Tourism and Leisure, 12(1), 16–30. DOI: https://doi.org/10.46222/ajhtl.19770720.351
3. Balsalobre-Lorente, D., Driha, O. M., Bekun, F. V., & Adedoyin, F. F. (2021). The asymmetric impact of air transport on economic growth in Spain: fresh evidence from the tourism-led growth hypothesis. Current Issues in Tourism, 24(4), 503–519. DOI: https://doi.org/10.1080/13683500.2020.1720624
4. Bozkurt, C. (2014). Money, Inflation and Growth Relationship: The Turkish Case. International Journal of Economics and Financial Issues, 4(2), 309–322. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/750
5. Chi, J. (2020). The impact of third-country exchange rate risk on international air travel flows The case of Korean outbound tourism demand. Transport Policy, 89, 66–78. DOI: https://doi.org/10.1016/J.TRANPOL.2020.01.012
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献