Predictability and self-similarity in demand maturity of tourist destinationsThe case of Tenerife

  1. Francisco Flores Muñoz 1
  2. Josué Gutiérrez-Barroso 1
  3. Alberto Javier Báez-García 1
  1. 1 Universidad de La Laguna
    info

    Universidad de La Laguna

    San Cristobal de La Laguna, España

    ROR https://ror.org/01r9z8p25

Revista:
Cuadernos de economía: Spanish Journal of Economics and Finance

ISSN: 2340-6704 0210-0266

Any de publicació: 2019

Volum: 42

Número: 118

Pàgines: 59-69

Tipus: Article

DOI: 10.32826/CUDE.V42I118.16 DIALNET GOOGLE SCHOLAR lock_openBiblos-e Archivo editor

Altres publicacions en: Cuadernos de economía: Spanish Journal of Economics and Finance

Resum

This work aims to explore the behavior of a mature island tourist destination, Teneri-fe, according to the Autoregressive Fractional Differencing Integrated Moving Average (ARFIMA) model. This behavior will be compared to several other destinations, in an increasing geogra-phical scale. Relevant lessons will arise for policy making at the short and long run. Predictabi-lity seems to be available but only for a limited horizon. Self similarity across geographic level seems to arise from the results. These findings complement previous conceptualizations like classic TALC (tourism area life cycle) based on long term predictability.

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