The aim of this paper is to empirically investigate the determinants of tourism demand by utilizing panel data for the period of 1995-2011 from top 20 countries sending tourists to Turkey. Econometric results obtained from panel cointegration analysis show that macroeconomic factors as such income, prices, supply capacity, exchange rate and political stability play a significant role in determi...

The spatial panel data model is a standard tool for analyzing data with both spatial correlation and dynamic dependences among economic units. Conventional estimation methods rely on the key assumption that the spatial weight matrix is strictly exogenous, which would likely be violated in some empirical applications where spatial weights are determined by economic factors. This paper studies th...

â â â  â  zahra zamani [1] â â  seyed komail tayebi â  department of economics, university of isfahan, iran â â department of economics, university of isfahan, iran â â â  abstract â  international trade causes that markets to become more competitive and small-medium sized enterprises (smes) learn to compete effectively within this increasingly competitive global market place. smes are able to ...

background infant mortality rate is widely used to assessing the health status of population in both developing and developed countries. the aim of this study was to identify the main factors affect infant mortality rate in eco countries for the years 2005 to 2012. methods a panel data model from eco countries from 2005 to 2012 used to identify the some of key explanatory variables (gdp per cap...

The advantages, disadvantages, and issues involved in the panel analysis of travel behavior are discussed. Increased statistical efficiency, possibility of improved prediction, and the ability to observe changes and examine behavioral dynamics, are among the advantages panel data offer. Their disadvantages, on the other hand, stem from the added biases and costs of panel survey, and increased c...