The Determinants Of International Tourism Demand For Egypt
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The Determinants Of International Tourism Demand For Egypt
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Author : M. Ibrahim
language : en
Publisher:
Release Date : 2013
The Determinants Of International Tourism Demand For Egypt written by M. Ibrahim and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Tourism industry has been an important contributor to the Egyptian economy. Egypt is one of the most important tourist destinations in the Middle East and North Africa. The purpose of this study is to recognize the main determinants of the international tourism flows to Egypt. The annual panel data set includes the number of tourist arrivals from most important generating countries during the period 1990-2008, and a number of possible explanatory variables.
Estimating The International Tourism Demand For Egypt
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Author : Shereen Adel Hassan Nosier
language : en
Publisher:
Release Date : 2012
Estimating The International Tourism Demand For Egypt written by Shereen Adel Hassan Nosier and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
The thesis aims to identify the main factors that significantly affect tourism demand for Egypt. Both time series data and panel data are used to model and forecast tourism demand for Egypt from all origins, as well as three individual regions of origin, including Europe, Arab and the Americas. The methodological and econometric approaches introduced in this thesis proceed from the simple to the more complex structure to obtain more reliable estimation. First, we estimate tourism demand for Egypt using the co-integration and error correction (CI/ECM) approach based on a single equation, followed by using a system of equations approach over the period 1970-2009. All the estimated econometric methods, in addition to two univariate time series methods, are used to generate ex-post forecasting for all the models over the period 2005-2009. The preferred method is used in producing ex-ante forecasting of future tourism demand for Egypt for the period 2010-2014. Panel co-integration techniques are also used to estimate tourism demand models over the period 1980-2009. Finally, the causality relationship between tourism demand and its economic determinants is estimated based on panel data analysis, which may provide more guidance for policy makers in Egypt. The results indicate that tourism demand for Egypt is found to be co-integrated with its fundamental determinants at the 1% significance level, with a high adjustment speed toward the steady state equilibrium. The importance of long-run income for all tourists from different nationalities is affirmed; with an elastic demand for non-Arab tourists. Price is also an important determinant, with a different effect in each originating region. It takes less than unity value for all tourists, except the Arab. Tunisia is found to be the most significant alternative to Egypt, with a complementary effect for Europe and the Americas tourists, but substitutability effect for Arab tourists. Hotel capacity is a significant and positive factor for all nationalities, except the Americas. Globalization is important in all models; it has a positive effect for all non-Arab nationalities. Political instability has a significant and negative effect, with the most effect on the Americas. All the determinants Granger cause tourist arrivals in the long run, but globalization and hotel capacity are of great importance with a bidirectional effect with tourist arrivals. Ex-post forecasting results show that the CI/ECMs outperform the other time series methods and produce highly accurate forecasts. The number of arrivals and nights from all origin markets is likely to increase in absolute terms (2010-2014), but with slower growth than recent trend.
An Econometric Model Forecasting Egypt S Aggregate International Tourism Demand And Revenues
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Author : Ahmed A. Zaki
language : en
Publisher:
Release Date : 2008
An Econometric Model Forecasting Egypt S Aggregate International Tourism Demand And Revenues written by Ahmed A. Zaki and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Egypt is one of the most important tourist destinations worldwide; it receives millions of visitors every year. Consequently, Tourism forecasting and planning are vital in maintaining and managing this flow of visitors. Hence, it is imperative for policymakers in both the public and private tourism sectors in Egypt to examine tourist arrival patterns, and to generate forecasts for such industry. The objective of this paper is to forecast the performance of the tourism industry in Egypt until the year 2017. The main factors affecting such performance are the deficiency in exploiting human capital efficiently, ineffective marketing campaigns, and lack of strategies to enhance Egypt's image. This study examines the aggregate tourism demand function for Egypt using the time series data for the period 1982-2006. An ARMA (Auto Regressive Moving Average) model is applied as an efficient tool to forecast the future values of dependent variables (international tourism arrivals and revenues); and its relationship with the above-mentioned independent ones; until the year 2017.
Determinants Of International Tourism
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Author : Mr.Alexander Culiuc
language : en
Publisher: International Monetary Fund
Release Date : 2014-05-12
Determinants Of International Tourism written by Mr.Alexander Culiuc and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-12 with Business & Economics categories.
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies the gravity model to a large dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the destination country’s real exchange rate, along both extensive (tourist arrivals) and intensive (duration of stay) margins. OECD countries generally exhibit higher elasticties with respect to economic variables (GDPs of the two economies, real exchange rate, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the country’s real exchange rate, but more susceptible to the introduction/removal of direct flights.
International Tourism Demand In Tunisia
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Author : Amira Gasmi
language : en
Publisher:
Release Date : 2016
International Tourism Demand In Tunisia written by Amira Gasmi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
The purpose of this paper is to identify and study the main determinants of international tourism demand with special reference to Tunisia over the period 1994-2012. The empirical study is based on estimations of GMM dynamic panel data model. Using a sample of 47 generating countries, empirical results show that consumer loyalty is a key determinant for foreign tourism demand in Tunisia. Estimated prices elasticities suggest that Tunisian tourism is surprisingly considered by foreigners as a luxury service and provide evidence that Tunisia and Morocco are substitute destinations. According to the supply induced demand theory, our investigation reveals that Tunisia is able to boost international tourism flows by promoting the tourism supply especially the accommodation capacity and the air supply.
Tourism In Egypt Through The Ages
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Author : Charlotte Booth
language : en
Publisher: Pen and Sword History
Release Date : 2024-05-30
Tourism In Egypt Through The Ages written by Charlotte Booth and has been published by Pen and Sword History this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-30 with Travel categories.
Let's go on a journey through 5,000 years of tourism in Egypt starting with the pre-2011 economic height, back through the Thomas Cook cruises in the nineteenth century to the ancient Egyptians themselves making journeys down the Nile to visit Abydos and Memphis on pilgrimage, or to travel for work. while tourism itself is a new concept exploring the local (and not so local environment) is almost hardwired into human nature. And considering the Giza pyramids were a thousand years old at the time of Ramses II, there would have been many wonderful things to see. This book explores the tourism industry and its development from selling amulets at ancient temples, through manufacturing mummies for tourists to buy to adventure trips in the modern day. As numbers of visitors increased so did the business of tourism including refreshments, accommodation, guided tours and souvenirs. This book will provide a comprehensive introduction to Egypt and its attraction to tourists from the pharaonic period to the modern day. while thousands of years separate us the evidence shows many traveled for the same reasons people do today.
Handbook Of Research On Institutional Economic And Social Impacts Of Globalization And Liberalization
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Author : Bayar, Yilmaz
language : en
Publisher: IGI Global
Release Date : 2020-11-06
Handbook Of Research On Institutional Economic And Social Impacts Of Globalization And Liberalization written by Bayar, Yilmaz and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-06 with Political Science categories.
Globalization is a multi-dimensional concept reflecting the increased economic, social, cultural, and political integration of countries. There has been no pinpointed consensus on the history of globalization; however, the globalization process has gained significant speed as of the 1980s in combination with liberalization. Many countries have removed or loosened barriers over the international flows of goods, services, and production factors. In this context, both liberalization and globalization have led to considerable institutional, economic, social, cultural, and political changes in the world. The liberalization and globalization processes have affected economic units, institutions, cultures, social lives, and national and international politics. The Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization provides a comprehensive evaluation of the institutional, economic, and social impacts of globalization and liberalization processes across the world. While highlighting topics like economics, finance, business, and public administration, this book is ideally intended for government officials, policymakers, practitioners, stakeholders, researchers, and academicians interested in the international impacts of globalization and liberalization across a variety of different domains.
The Sage Handbook Of Tourism Management
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Author : Chris Cooper
language : en
Publisher: SAGE
Release Date : 2018-08-06
The Sage Handbook Of Tourism Management written by Chris Cooper and has been published by SAGE this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-06 with Business & Economics categories.
The SAGE Handbook of Tourism Management is a critical, state-of-the-art and authoritative review of tourism management, written by leading international thinkers and academics in the field. With a strong focus on theories, concepts and disciplinary approaches to tourism studies, the chapters in this volume are framed as critical synoptic pieces covering key developments, current issues and debates, and emerging trends and future considerations for the field. Part One: Researching Tourism Part Two: Social Analysis Part Three: Economic Analysis Part Four: Technological Analysis Part Five: Environmental Analysis Part Six: Political Analysis This handbook offers a fresh, contemporary and definitive look at tourism management, making it an essential resource for academics, researchers and students.
Determinants Of Tourism Demand In Cyprus
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Author : Adamos Adamou
language : en
Publisher:
Release Date : 2008
Determinants Of Tourism Demand In Cyprus written by Adamos Adamou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Tourism categories.
International Tourism
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Author : Yvette Reisinger, PhD
language : en
Publisher: Routledge
Release Date : 2010-08-27
International Tourism written by Yvette Reisinger, PhD and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08-27 with Business & Economics categories.
In recent years there has been a considerable interest in the cultural aspects of tourism such as the impacts of culture on tourism planning, development, management, and marketing. However, the focus has been on material forms of culture such as arts, music, or crafts. The impacts of national culture on tourist behavior and travel decision-making have not been paid much attention. Only in the last two years have cross-cultural issues begun to generate significant interest among academics. An examination of cultural characteristics and differences is extremely important to the tourism industry because today’s tourism environment is becoming increasingly international. Information on the nature of the cultural differences between international tourists and locals is not readily available in tourism literature. The concept of culture is very complex and includes such abstract concepts as satisfaction, attitude and loyalty. International Tourism brings these concepts to the undergraduate student in tourism, as well as students in the related fields of marketing, management, international business, and cross-cultural communication. Designed as a textbook, it isorganized and presented in an integrated and relevant way for the benefit of a worldwide audience.