The Importance of ICT for Tourism Demand: A Dynamic Panel Data Analysis



The complementary nature of tourism products requires information to be easily accessible from different places around the globe. Electronic distribution in tourism has facilitated the sharing, communication and booking of products and has contributed to the increase of tourism demand as well as to the emergence of a new type of traveller: one who seeks more experiences and sophistication in his travels. The Internet is of increasing importance as a result of the sharp growth in the number of online reservations observed over recent years. Hence, current tourism demand analysis cannot neglect electronic tourism, so that in addition to typically used determinants, variables that represent the impact of the technological environment on the tourism activity also need to be considered. In this paper, using dynamic panel data models evidence is found that the Internet has encouraged the increase of tourism demand and may in fact be one of its determinants.


Panel Data Unit Root Test Cointegration Test Panel Data Model Panel Unit Root Test 
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.



The authors thank Peter Nijkamp and two anonymous referees for valuable comments and suggestions.


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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Célia M. Q. Ramos
    • 1
  • Paulo M. M. Rodrigues
    • 2
    • 3
  1. 1.ESGHT – Universidade do AlgarveFaroPortugal
  2. 2.Banco de PortugalLisbonPortugal
  3. 3.Colégio de CampolideUniversidade Nova de LisboaLisboaPortugal

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