Modelling the international tourism demand in Croatia using a polynomial regression analysis

Abstract

German tourist flows to Croatia represent a significant source of profit for the tourism sector. It is therefore crucial to analyze the determinants and the core patterns of the German tourism demand in Croatia. The paper aims to model international tourism demand in Croatia using the polynomial regression analysis. The second degree polynomial model is estimated in the attempt to model German tourist arrivals and German tourists' overnight stays in Croatia in the period from 2003 to 2013.

Keywords

• modelling tourism demand
• tourist arrivals
• tourists' overnight stays
• polynomial regression analysis
• second-degree polynomial regression model