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Research Needs on the Tourist Nexus

  • Álvaro Matias
  • Peter Nijkamp
  • Manuela Sarmento
Chapter

Prologue

The tourist sector has witnessed a drastic transformation in the past years. Until a few decades ago, tourism was mainly a privileged activity for the “happy few” or a period of relaxation during a few weeks a year for the population at large. Nowadays it is almost a “normal” activity pattern, as witnessed by the fact that most aircraft seats are tourist class seats. As a consequence, tourism is increasingly becoming a major source of revenues for many countries and regions. Since the Second World War the rise in tourism has been significantly higher than the average world economic growth, while the average annual rise in tourist expenditures was approximately 10%. This considerable increase in tourist activities is a result of many underlying factors such as (see also Bossel-Hunterman et al. 1999, Bull 1991, Cater and Lowman 1994, Hunter and Green 1995, De Kadt 1979, Lindberg 1991, Ritchie and Goeldner 1987, and Weierman and Fuchs 1998):
  • the rise in general economic welfare,...

Keywords

Data Envelopment Analysis Mean Absolute Percentage Error Forecast Accuracy Tourism Development Error Correction Model 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Physica-Verlag Heidelberg 2009

Authors and Affiliations

  • Álvaro Matias
    • 1
  • Peter Nijkamp
    • 2
  • Manuela Sarmento
    • 1
  1. 1.School of Economics and BusinessLusíada UniversityLisbonPortugal
  2. 2.Faculty of Economics and Business AdministrationVU University AmsterdamAmsterdamThe Netherlands

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