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In this work we investigate nonnested tests for two competing univariate dynamic linear models with autoregressive disturbances, where the motivation for instrumental variable estimation is mainly due to the recognized presence of current endogenous variables in the regression function, either in one or both models. As the previous transformation of both models yields regression functions which are nonlinear in the parameters, the attractive Gauss-Newton regression (GNR) approach, firstly advocated by Davidson and Mackinnon (1981), will be used to obtain the results. [ABSTRACT FROM PUBLISHER]

Several studies examine residents' attitudes towards tourism development. Similarly, significant research explores the determinants of tourist satisfaction and its effects in planning policies for tourism. The purpose of this study is to establish a connection between these lines of research, showing how the local population may impact upon the way tourists perceive a destination. This study was conducted in the tourist region of Algarve, Portugal, and involves four municipalities bearing different characteristics. Results from statistical analyses show that tourists lodging in municipalities where residents are more positive to tourism experience greater receptiveness and are more satisfied with the tourist experience. The implications for tourism management in heterogeneous tourism regions are discussed. [ABSTRACT FROM PUBLISHER]

Algarve is Portugal's top tourism destination. In looking to develop the traditional sun and beach tourism, the Portuguese government launched the Allgarve program in 2007 with the aim of positioning the region as a premier tourism destination, promoting the cultural industry as a modern and competitive component of the regional economy. Using partial least squares modelling (PLS), the study explores the relationship between the image projected by Allgarve and the image of Algarve as a tourism destination. Results show that the program has had a positive and reasonably strong influence on the destination image. In terms of affective elements, findings show that these were not easily perceived by tourists, as anticipated by the Allgarve program. An important outcome of this study is to contribute towards better management of future editions of the Allgarve program. [ABSTRACT FROM AUTHOR]