Statistical and econometric analysis of the demand of oenological tourism in Spain in 2015

Abstract

The aim of this final degree project is to explain how the demand of oenological tourism changed in Spain among the different Wine Routes in the year 2015 based on variables such as the Gross Domestic Product, the number of wineries and museums or the Retail Price Index. This study covers 24 Spanish Denomination of Origin routes among which it can be found: Penedés, Marco de Jerez, Ribera del Duero, Rioja Alta, Rioja Alavesa, Empordà, Rías Baixas, Somontano, Garnacha-Campo de Borja, Alicante, Navarra, Ribera del Guadiana, Lleida, Utiel-Requena, Rueda, Bierzo, Bullas, Jumilla, Ronda, Montilla-Moriles, Campo de Cariñena, Txakoli, Cigales and Yecla. The studied year is 2015 due to the fact that, after a global economic crisis which lasted about 7 consecutive years, it has been the second year with signs of economic recovery, reaching an economy more stable and displaying a light increase of the tourism. As this final project is focused on the year 2015, it only exists one observation for each denomination of origin. It can be also said that the observations are independent among them so they can be obtained by random sampling. Therefore, as the order of the observations is irrelevant, it can be said it is cross-sectional data.