Events that marked tourism in Portugal
Andraz, J., P.M.M. Rodrigues
,
(2010)
,
"Events that marked tourism in Portugal"
,
Applied Economic Letters
,
17
,
761-766
.
CEFAGE Author(s)
Jorge Miguel Lopo Gonçalves Andraz
Paulo Manuel Marques Rodrigues
Abstract
This article uses outlier detection procedures to investigate events that may have had a pronounced effect on tourism in Portugal. Interestingly, we confirm the evidence that the effects on tourism are lagged in time. As a result, expected business volumes are only attained later than originally anticipated and arising difficulties affect tourism leading to possible destination rerouting.