2017
DOI: 10.14706/jecoss17711
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Determinants of International Tourism Flows to the Republic of Croatia: An SUR Analysis of Panel Data from 1993-2015

Abstract: This paper examines origin-effects of tourist flows into Croatia from 1993-2015, a time period that features several important events: the fragmentation of Yugoslavia, the European recession, and Croatia's accession to the European Union. Applying the seemingly unrelated regression (SUR) approach to a large panel data set with the number of annual arrivals from each origin country as the dependent variable, we identify and analyze the determinants of tourism flows to Croatia. A series of augmented gravity mode… Show more

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Cited by 1 publication
(1 citation statement)
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References 24 publications
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“…If country i requires citizens of country j to obtain a visa, it has a value of "1" and "0" otherwise. Visa restrictions between countries are expected to negatively affect tourism demand (Balli et al, 2013;Velasquez & Oh, 2013;Deichmann & Liu, 2017).…”
Section: Data Set and Modelmentioning
confidence: 99%
“…If country i requires citizens of country j to obtain a visa, it has a value of "1" and "0" otherwise. Visa restrictions between countries are expected to negatively affect tourism demand (Balli et al, 2013;Velasquez & Oh, 2013;Deichmann & Liu, 2017).…”
Section: Data Set and Modelmentioning
confidence: 99%