In this study a structural, VAR model is employed to investigate the relationship among oil price shocks tourism variables,, And economic indicators in four European Mediterranean countries. In contrast with the current tourism literature we distinguish,, Between three oil price shocks namely supply-side,,, demand aggregate and oil specific demand shocks. Overall our results,, Indicate that oil specific demand shocks contemporaneously affect inflation and the tourism sector, equity index whereas. These shocks do not seem to have any lagged effects. By contrast aggregate demand, oil price shocks exercise a, lagged effect. Either directly, or indirectly to tourism generated income and economic growth. The paper does not provide any evidence. That supply-side shocks trigger any responses from the remaining variables. Results are important for tourism agents and. Policy makers should they, need to create hedging strategies against future oil price movements or plan for economic policy. Developments.
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