التفاصيل البيبلوغرافية
| العنوان: |
Tourism industry: Role of the real effective exchange rate |
| المؤلفون: |
Todorov Ganchev, Gancho |
| المصدر: |
Tourism & Management Studies, ISSN 2182-8466, Nº. 10, 2014 (Ejemplar dedicado a: (SPECIAL ISSUE) TOURISM & MANAGEMENT STUDIES), pags. 174-179 |
| سنة النشر: |
2014 |
| المجموعة: |
Dialnet - Portada de revistas (Universidad de La Rioja) |
| مصطلحات موضوعية: |
Bulgária, taxa de câmbio efetiva real, equilíbrio parcial, curvas da oferta e da procura, setor do turismo, Bulgaria, Real effective exchange rate, partial equilibrium, supply and demand curves, tourism sector |
| الوصف: |
This paper aims to evaluate an econometric model of equilibrium for the Bulgarian foreign tourism industry. The main microeconomic assumptions of the model are the existence of identical consumers, identical composite tourism industry product and perfect market conditions. The real effective exchange rate (REER) is used as a proxy for the composite product price and other proxies are introduced for foreign income and domestic tourism industry capacity. The data is deseasonalised with a geometric mean and the Hodrick-Prescott filter. The TSLS method of estimation is applied to take into account the over-identified model. The estimation results are consistent with core microeconomic theory. The estimated model allows for price equilibrium convergence. Dropping the initial constraints allows for additional conclusions.The tourism industry can substantially gain from advertising, product diversification and diminished reliance on summer bookings. Given the important macroeconomic role of the tourism industry under the Currency Board regime and the potential for tourism industry vulnerability, the government could play an important role in promoting sustainable development in the tourism sector. ; Este trabalho tem como objetivo avaliar um modelo econométrico de equilíbrio para a indústria do turismo estrangeiro búlgaro. As principais premissas microeconómicas do modelo são a existência de consumidores idênticos, idêntico produto turismo compósito e condições de mercado perfeitas. A taxa de câmbio efetiva real (TCER) é usada como uma proxy para produto composto preço e outras proxies são introduzidas para a rendimento externo e capacidade doméstica da indústria do turismo. Os dados são corregidos da sazonalidade, com uma média geométrica e o filtro de Hodrick - Prescott. O método TSLS de estimação é aplicado a ter em conta o modelo identificado. Os resultados da estimação são consistentes com a teoria microeconómica. O modelo estimado permite a convergência de equilíbrio de preços. Sem considerar as restrições ... |
| نوع الوثيقة: |
article in journal/newspaper |
| وصف الملف: |
application/pdf |
| اللغة: |
English |
| العلاقة: |
https://dialnet.unirioja.es/servlet/oaiart?codigo=4788824Test; (Revista) ISSN 2182-8458; (Revista) ISSN 2182-8466 |
| الإتاحة: |
https://dialnet.unirioja.es/servlet/oaiart?codigo=4788824Test |
| حقوق: |
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| رقم الانضمام: |
edsbas.13EFF6DB |
| قاعدة البيانات: |
BASE |
