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An empirical analysis of the influence of exchange rate and prices on tourism demand

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Academic year: 2021

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Table 1 - The Variables  POP    Population – in millions
Table 2 - The Independent Variables and the Coefficients of Model 1  Independent Variable  β  XR  -0.000230 (-1888.451)  RP  -0.006571 (-33.98658)  World GDP  4.35E-06 (190.9578)  Trend  0.027792 (422.9628)  c  10.47412 (19113.16)
Table 3 - The Euro Exchange Rate and Tourism Arrival in Italy and Finland
Table 4 - The Independent Variables and the Coefficients of Model 2  Independent  Variable  β  Independent Variable  β  XR  -0.114142  (0.654884)*  XR  -  RP  -4285.714 (-6.849409)  RP  -4074.727 (-7.003018)  World GDP  0.034100 (1.353248)*  World GDP  -
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