@article{Leitão_2015, title={Portuguese Tourism Demand: A Dynamic Panel Data Analysis}, volume={5}, url={https://www.econjournals.com/index.php/ijefi/article/view/1285}, abstractNote={<p>This article considers the determinants of Portuguese tourism demand for the period 2004-2013. The econometric methodology uses a panel unit root test and the dynamic panel data (GMM-system estimator). The different techniques of panel unit root (Levin, Lin and Chu & Im, Pesaran and Shin W-stat & ADF - Fisher Chi-square) show that the variables used in this panel are stationary. The dynamic model proves that tourism demand is a dynamic process. The variables relative prices, income <em>per capita</em>, human capital and government spending encourage international tourism demand for Portugal</p><p><strong>Keywords: </strong>Tourism demand, dynamic panel data, panel unit root test, Portugal.<strong></strong></p><p><strong>JEL Classifications: </strong>C33; F10; H62<strong></strong></p>}, number={3}, journal={International Journal of Economics and Financial Issues}, author={Leitão, Nuno Carlos}, year={2015}, month={Jul.}, pages={673–677} }