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Economic and social determinants of international tourism spending: a panel data analysis



Economic and social determinants of international tourism spending: a panel data analysis



Tourism Analysis 3(1): 3-16



The relationship between international tourism spending and a number of economic and social variables is examined with a panel data set covering 138 countries over the years 1989 to 1995. Panel data are especially useful for the analysis of the influence of social variables such as age structure and urbanization, because these variables change slowly over time but vary considerably between countries.

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