Přehled o publikaci

International tourism is one of the most important sectors of the open economy. The aim of this paper is to investigate the effects that income as gross domestic product, tourism price as the real exchange rate, and travel cost as the price of Brent crude oil have on inbound tourism demand (tourist arrivals) from Poland, Slovakia, Germa‑ny, and Austria in the South Moravian Region of the Czech Republic over the period 2002:M1–2018:M5. The number of Polish, German, Slovak and Austrian tourists ac‑commodated in collective accommodation establishments within the South Moravian Region as a dependent variable are considered. To achieve this aim, cointegration anal‑ysis under the VECM approach is applied. The results show that Slovak, Polish, Aus‑trian and German tourists respond positively to their income changes. Austrian and Slovak tourists respond negatively to changes in tourism prices in the Czech Republic. Tourists from Germany and Poland do not respond to changes in the Czech price level since their elasticity coefficients are non‑significant. German, Austrian and Slo‑vak tourists respond negatively to transportation cost changes. Polish tourists do not respond to transport cost changes since their elasticity coefficient is non‑significant.