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Spanish tourism demand: growth cycle and synchronization
 
     
     Spanish tourism demand: growth cycle and synchronization
     La demanda turística de la economía española: caracterización cíclica y sincronización


Autor(es):
Sala, Mercè
Torres, Teresa
Farré, Mariona


Periódico: Cuadernos de Turismo

Fonte: Cuadernos de Turismo; No. 33 (2014): Enero - Junio; 335-356

Palavras-chave:


Resumo: In this paper we provide an analysis of the Spanish tourism demand growth cycle, during the period 1990-2011. The aim is twofold. Firstly, analyze tourism growth cycle, distinguishing between domestic tourism and inbound tourism. Secondly, we compare tourism growth cycle and economic growth cycle to detect a/symmetries and synchronization. The results show that nonresident tourism drags economic activity contributing to increase employment and production. However, domestic tourism generates greater activity gains, in expansion phase, while in recession generates minor losses.