engleski

The Determinants of Tourist Arrivals in Croatia:An Econometric Approach

The goal of the paper is to analyse the determinants of tourist demand of nine tourism generating countries and its influence on Croatian tourism. If the price of tourism is held constant, the hypothesis that is being tested is whether an increase in the income of the origin country would result in an increase of tourism demand in Croatia, testing that tourism is a normal good. OLS method is used and three tourism demand models are specified.

tourism demand modelling; tourist generating countries; demand elasticity

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