The demand for tourism in North East England with special reference to Northumbria: an empirical analysis
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Abstract
This paper examines the trends of tourism in North East England. In particular, we focus on the area of Northumbria to show the potential of tourism for economic development in the region. Within this analysis, we concentrate on the demand for tourism in the region, and in particular we are concerned with tourism by UK residents in Northumbria ('domestic' tourism). The long run relationship between domestic tourism demand, and a number of economic factors effecting this demand, is considered using the Johansen and Juselius (1990, 1992) Multivariate Cointegration analysis. An error-correction model is then proposed for short-run forecasting of domestic demand for tourism in Northumbria.
