Search results for " Tourism expenditure"

showing 2 items of 2 documents

Micro and Macro Resilience Measures of an Economic Crisis

2020

Using Italian Households Budget Survey data over the period 1997-2013, a Cragg model in a life-cycle context is specified to compare the consumption behaviour in the pre- and post-crisis time and develop different micro and macro measures of resilience against crisis shocks. Cohort profiles for participation in and for consumption of tourism services in the pre- and post-crisis time are determined so as to explore the households’ resilience by generations. Next, the households’ resilience according to socio-demographic characteristics is addressed. As for the macro-resilience, combining individual expenditure elasticity, we examine whether and how Italian regions have responded to the recen…

050210 logistics & transportation021103 operations researchPublic economicsResilienceEconomic crisisComputer Networks and CommunicationsLife-CycleExpenditure elasticity05 social sciences0211 other engineering and technologies02 engineering and technologyResilience . Economic crisis . Tourism expenditure .Life-Cycle . Cragg model . Expenditure elasticityCragg modelArtificial Intelligence0502 economics and businessSettore SECS-S/03 - Statistica EconomicaEconomicsSurvey data collectionMacroTourism expenditureEconomic crisiSoftwareTourism
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Place-based attributes and spatial expenditure behavior in tourism

2017

In recent discussions on local sustainable development, notions like “local for local” and “home bias” have often played a role. The purpose of this paper is to investigate whether preferences for specific place-based attributes might constrain or support tourism participation and tourism destination choice of distinct socioeconomic groups of visitors. To test this proposition, a large data set from the Italian Households Budget Survey for the period 1997–2007 has been used and, by means of the double-hurdle model, tourism participation and expenditure are modeled over the life-cycle of tourists. These data are next merged with location-specific attributes including natural amenities and in…

PLACE-BASED ATTRIBUTESTOURISM EXPENDITURE SPATIAL BEHAVIORSettore SECS-S/03 - Statistica EconomicaPlace-based attributes Location-specific characteristics Tourism participation Tourism expenditure Double hurdle model Life-cycle
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