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AN ECONOMETRIC MODEL OF TOURISM DEMAND IN FRANCE

Keywords: tourism demand , tourist expenditures , national income , relative prices

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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.

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