TY - JOUR
T1 - What determines international tourist arrivals to Peru? A gravity approach
AU - Velasquez, Maritza Elizabeth Bermeo
AU - Oh, Jinhwan
N1 - Funding Information:
This work was supported by the Ewha Womans University Research Grant of 2012.
PY - 2013/12
Y1 - 2013/12
N2 - Using the gravity model, this study examines Peru's tourism patterns by analyzing a panel dataset of the country's international tourism flows from 59 countries over 22 years (1990-2011). The empirical results for the entire dataset are consistent with the general prediction of the gravity model (positive coefficients for economic size and negative coefficients for distance). Peru mainly has potential to expand tourism flows from European countries like Portugal, Belgium, Russia, Norway, Sweden, Switzerland, Italy, Germany and France. Although Peru offers no visa requirements for such countries, this policy seems to not be sufficient to increase tourism flows from them. Further collaboration between Peru and its neighboring countries in providing coordinated investment in transport infrastructure is necessary to create economies of scale that allow benefits from the cluster effect.
AB - Using the gravity model, this study examines Peru's tourism patterns by analyzing a panel dataset of the country's international tourism flows from 59 countries over 22 years (1990-2011). The empirical results for the entire dataset are consistent with the general prediction of the gravity model (positive coefficients for economic size and negative coefficients for distance). Peru mainly has potential to expand tourism flows from European countries like Portugal, Belgium, Russia, Norway, Sweden, Switzerland, Italy, Germany and France. Although Peru offers no visa requirements for such countries, this policy seems to not be sufficient to increase tourism flows from them. Further collaboration between Peru and its neighboring countries in providing coordinated investment in transport infrastructure is necessary to create economies of scale that allow benefits from the cluster effect.
KW - Cluster effect
KW - Gravity model
KW - Peru
KW - Tourism patterns
UR - http://www.scopus.com/inward/record.url?scp=84901460007&partnerID=8YFLogxK
U2 - 10.1177/2233865913505103
DO - 10.1177/2233865913505103
M3 - Article
AN - SCOPUS:84901460007
VL - 16
SP - 357
EP - 369
JO - International Area Studies Review
JF - International Area Studies Review
SN - 2233-8659
IS - 4
ER -