Search results for "Hurdle models."

showing 2 items of 2 documents

Demographic change, tourism expenditure and life cycle behavior

2015

Abstract The paper explores how demographic changes in human populations may impact on tourism decision-making of households over their life cycle. By means of hurdle models, the study focuses respectively on the decision to travel domestically or abroad and investigates if statistically significant differences exist as to the impact of age and cohort on the decision to travel and tourism expenditure. Using a vast dataset on Italian Household Expenditures over the period 1997–2007 the empirical results show that demographic aspects do have a strong effect on the tourism behaviour of families and that cohort and age effects act differently on the decision of households to make a trip and on …

Consumption (economics)Economic growthStrategy and ManagementDemographic characteristicTransportationDevelopmentHurdle modelTourism expenditure Demographic characteristics Life cycle model Hurdle models Cohort technique Domestic and international travelDomestic and international travelDemographic changeTourism Leisure and Hospitality ManagementSettore SECS-S/03 - Statistica EconomicaCohortEconomicsPopulation growthDemographic economicsCohort techniqueIncome elasticity of demandTourism expenditurehuman activitiesLife cycle modelTourism
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Is participation in the tourism market an opportunity for everyone? Some evidence from Italy

2016

This paper investigates whether there are differences in tourism consumption behaviour among families by analysing the main determinants of tourism participation at national and international levels. In particular, it explores whether tourism is becoming part of the lifestyle of Italians or whether it is still a luxury good only for the privileged. A Heckman model was used on micro-data on Italian family expenditure over the period 1997–2007, and an income elasticity analysis for different personal and household characteristics was carried out. The results show that participation in the tourism market is strongly affected by the personal characteristics of individuals and that tourism cons…

Consumption (economics)Income elasticityEconomic growthTourism geography05 social sciencesGeography Planning and DevelopmentStandard of livingHurdle modelHurdle models.Tourism consumptionTourism marketTourism participationEcotourismTourism Leisure and Hospitality ManagementSettore SECS-S/03 - Statistica Economica0502 economics and businessEconomics050211 marketingDemographic economicsHeckman correction1409Income elasticity of demand050212 sport leisure & tourismTourismDomestic and international tourism
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