An Analysis of the Determinants of External Tourism in Peru
Year: 2013
Type: preprint
Abstract: This paper analyzes the determinants of real tourism receipts in Peru, by estimating a single-equation model for the period 2007-2011. Specifically, we propose a tool to analyze and understand the recent evolution of this industry as basis for growth in the Andean country. Our results confirm the positive relationship between real income and income from tourism, while tourism in Peru is not eligible as a luxury good, and demonstrate the high sensitivity of real income from tourism to inflation differentials.
Source: SSRN Electronic Journal
Institution: Universidad de Valladolid
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1509716005
