DETUROPE - The Central European Journal of Regional Development and Tourism 2023, 15(1):23-46 | DOI: 10.32725/det.2023.002

Determinants of Tourism Demand in Selected Countries of Meta: Empirical Panel Analysis

Sali Krasniqia, Kushtrim Dreshaja, Fatmire Shala Dreshaja
a University of Business and Technology, Kosovo

Due to its significant contribution to the prosperity and growth of economies, tourism industry has always been the one that attracted the attention of many practitioners and researchers who have tried in different ways and from different aspects to identify the key variables that determine tourism demand. The importance of tourism is especially evident in group of countries included in the Mediterranean Travel Association (META). Having in mind the importance and the role that tourism has, the main objective of this research is to examine the influence of different factors on tourism demand for selected eight countries from META, during the period 2010-2020 with the application of dynamic panel data model. From the variables encompassed in the model i.e., income and trade, show statistically significant positive influence on tourist arrivals in eight countries from META. We also found that terrorism and Covid-19 have negative impact of the tourist demand.

Keywords: META countries, tourism demand, panel analysis

Received: May 16, 2022; Revised: May 27, 2023; Accepted: October 27, 2023; Prepublished online: October 27, 2023; Published: October 28, 2023  Show citation

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Krasniqi, S., Dreshaj, K., & Shala Dreshaj, F. (2023). Determinants of Tourism Demand in Selected Countries of Meta: Empirical Panel Analysis. DETUROPE - The Central European Journal of Regional Development and Tourism, 15(1), 23-46. doi: 10.32725/det.2023.002
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