Work

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.
Language: English
Open Access status: green
OpenAlex ID: W1509716005
Cites: 1
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Related to: 10