The Effects of Selected Macroeconomic Variables on Tourism Demand for the South Moravian Region of the Czech Republic from Germany, Poland, Austria, and Slovakia

Jeřábek, Tomáš

dc.contributor.author	Jeřábek, Tomáš
dc.date.accessioned	2019-11-22T15:25:38Z
dc.date.available	2019-11-22T15:25:38Z
dc.date.issued	2019
dc.identifier.issn	1508-2008
dc.identifier.uri	http://hdl.handle.net/11089/30937
dc.description.abstract	International tourism is one of the most important sectors of the open economy. The aim of this paper is to investigate the effects that income as gross domestic product, tourism price as the real exchange rate, and travel cost as the price of Brent crude oil have on inbound tourism demand (tourist arrivals) from Poland, Slovakia, Germany, and Austria in the South Moravian Region of the Czech Republic over the period 2002:M1–2018:M5. The number of Polish, German, Slovak and Austrian tourists accommodated in collective accommodation establishments within the South Moravian Region as a dependent variable are considered. To achieve this aim, cointegration analysis under the VECM approach is applied. The results show that Slovak, Polish, Austrian and German tourists respond positively to their income changes. Austrian and Slovak tourists respond negatively to changes in tourism prices in the Czech Republic. Tourists from Germany and Poland do not respond to changes in the Czech price level since their elasticity coefficients are non‑significant. German, Austrian and Slovak tourists respond negatively to transportation cost changes. Polish tourists do not respond to transport cost changes since their elasticity coefficient is non‑significant.	en_GB
dc.description.abstract	Turystyka międzynarodowa jest jednym z najważniejszych sektorów gospodarki otwartej. Celem tego artykułu jest zbadanie wpływu dochodu wyrażonego produktem krajowym brutto, kosztów usług turystycznych wyrażonych realnym kursem walutowym i kosztów podróży wyrażonych ceną ropy naftowej Brent, na przyjazdy turystów z Polski, Słowacji, Niemiec i Austrii do regionu południowych Moraw w Republice Czeskiej w okresie 2002:M1–2018:M5. Liczbę turystów polskich, niemieckich, słowackich i austriackich zakwaterowanych w obiektach zbiorowego zakwaterowania w regionie południowomorawskim przyjęto jako zmienną zależną. Aby osiągnąć cel badania, dokonano analizy kointegracji przy pomocy modelu VECM. Wyniki analizy wskazują, że słowaccy, polscy, austriaccy i niemieccy turyści pozytywnie reagują na zmiany poziomu ich dochodów. Austriaccy i słowaccy turyści reagują negatywnie na zmiany cen usług turystycznych w Czechach. Turyści z Niemiec i Polski nie reagują na zmiany cen w Czechach, gdyż w ich przypadku współczynniki elastyczności są nieistotne. Turyści z Niemiec, Austrii i Słowacji negatywnie reagują na zmiany kosztów transportu. Polscy turyści nie reagują na zmiany kosztów transportu gdyż w ich przypadku współczynnik elastyczności jest również nieistotny.	pl_PL
dc.language.iso	en	en_GB
dc.publisher	Wydawnictwo Uniwersytetu Łódzkiego	en_GB
dc.relation.ispartofseries	Comparative Economic Research. Central and Eastern Europe; 3
dc.rights	This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.	en_GB
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0	en_GB
dc.subject	tourism demand	en_GB
dc.subject	real exchange rate	en_GB
dc.subject	industrial production index	en_GB
dc.subject	crude oil price	en_GB
dc.subject	VECM	en_GB
dc.subject	cointegration	en_GB
dc.subject	popyt na usługi turystyczne	pl_PL
dc.subject	realny kurs walutowy	pl_PL
dc.subject	indeks produkcji przemysłowej	pl_PL
dc.subject	cena ropy naftowej	pl_PL
dc.subject	VECM	pl_PL
dc.subject	kointegracja	pl_PL
dc.title	The Effects of Selected Macroeconomic Variables on Tourism Demand for the South Moravian Region of the Czech Republic from Germany, Poland, Austria, and Slovakia	en_GB
dc.title.alternative	Wpływ wybranych zmiennych makroekonomicznych na popyt na usługi turystyczne w regionie południowych Moraw (Czechy) wśród turystów z Niemiec, Polski, Austrii i Słowacji	pl_PL
dc.type	Article	en_GB
dc.page.number	25-43
dc.contributor.authorAffiliation	College of Business and Hotel Management, Department of Economy and Management, Brno, Czech Republic
dc.identifier.eissn	2082-6737
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dc.contributor.authorEmail	tomas.jerabek@centrum.cz
dc.identifier.doi	10.2478/cer-2019-0021
dc.relation.volume	22	en_GB
dc.subject.jel	F14	en_GB
dc.subject.jel	F47	en_GB
dc.subject.jel	Z3	en_GB

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