engleski

International tourism demand modelling: A multivariate approach

This study provides an econometric model helpful to analyse and understand international tourism demand in Croatia. Such, more detailed and systematic studies should be considered as starting points of future macroeconomic development strategies, pricing strategies and tourism sector routing strategies in Croatia, as a predominantly tourism oriented country. Tourism represents a significant source of profit for Croatian economy. Croatia is predominantly an international tourist destination, in fact international tourists account for a ((% of total tourists number. The objective of the study is therefore to examine determinants and functional form of international tourism demand in Croatia. The econometric estimates showed that the number of tourist abroad departures, tourism price and tourism seasonal character are significant variables in explaining international tourist' number. The present study emphasizes the necessity of more systematic quantitative tourism demand determinants analysis and researches. Econometric modelling should be considered as a significant Croatia's tourism sector development tool.

tourism demand ; international tourism demand ; econometric modelling ; regression model

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