Abstract
Neglected by the tourism demand literature for the last decades, gravity models have re-emerged as a way for modeling tourism demand when the role of structural factors on tourism has to be evaluated. From the initial formulation of the gravity model, more sophisticated specifications have been developed including a more complete set of explanatory variables and allowing differentiation between origin and destination countries. In this paper, we propose a theoretical background to the gravity model for bilateral tourism flows derived from the individual utility theory. The issues in distinguishing the recent versions of gravity models from aggregated demand models are shown and the suitability of this methodology when structural factors have to be evaluated and quantified in the context of tourism demand is discussed.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
