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A double life cycle in tourism arrivals to Spain: Unit root tests with gradual change analysis
| Content Provider | Scilit |
|---|---|
| Author | Albaladejo, Isabel P. González-Martínez, María Isabel Martínez-García, María Pilar |
| Copyright Year | 2020 |
| Description | Journal: Journal of Destination Marketing & Management The Tourism Area Life Cycle (TALC) theory by Butler (1980) proposes an S-shaped growth trend for the evolution of the number of tourists to a specific tourist destination. According to the data on tourist arrivals in Spain from 1946 to 2015, there may have been one or two life cycles. This paper sets out to test these hypotheses by unit root tests with gradual change. The results confirm that a double S-shaped or bilogistic curve is the long-run equilibrium, thereby validating the existence of two TALCs in the evolution of Spanish tourism. The two logistic curves overlap in the late 1970s and early 1980s. The first is characterized by the Spanish tourism boom in the 1960s, while the second illustrates the intense growth from 1995 to 2007, a period of sustained world economic growth. |
| Related Links | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7577662/pdf |
| Ending Page | 100497 |
| Page Count | 1 |
| Starting Page | 100497 |
| ISSN | 2212571X |
| DOI | 10.1016/j.jdmm.2020.100497 |
| Journal | Journal of Destination Marketing & Management |
| Volume Number | 18 |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2020-10-21 |
| Access Restriction | Open |
| Subject Keyword | Journal: Journal of Destination Marketing & Management Tourism, Leisure, Sport and Hospitality Tourism Area Life Cycles Multilogistic Growth Models Unit Root Tests Smooth Transitions |
| Content Type | Text |
| Resource Type | Article |
| Subject | Business and International Management Tourism, Leisure and Hospitality Management Strategy and Management Marketing |
