Author(s): Irem Smeral
Econometric tourism demand studies use statistical and mathematical models to analyze the factors that affect the demand for tourism. These studies are important for understanding the behavior of tourists and predicting future trends in tourism demand. One commonly used econometric model for tourism demand is the gravity model. This model is based on the idea that the demand for tourism is influenced by the distance between the origin and destination, as well as the economic, social, and cultural factors of both locations. The gravity model can be used to estimate the number of tourists that will travel between two locations, based on factors such as income levels, population, and transportation costs.