Article ID Journal Published Year Pages File Type
1007149 Annals of Tourism Research 2013 17 Pages PDF
Abstract

Using a new type of discrete–continuous choice model, this paper simultaneously models two interrelated tourist choices, namely, tourism participation and tourism expenditure. For the analysis, we employ a scobit model, which includes a skewness parameter to relax the assumption that sensitivity to changes in the explanatory variables is highest among individuals with indifferent preferences concerning participation and non-participation in tourism. We undertake the empirical analysis using data collected in Japan. The results confirm the interdependency between tourism participation and tourism expenditure and that the scobit model is superior to the logit model in modelling these tourism-related decisions. We also discuss the main factors influencing both tourism participation and expenditure.

► A discrete-continuous choice model is used to analyze tourism participation and expenditure. ► The results confirm the interdependency between tourism participation and expenditure. ► Scobit-based model is proved to be superior to Logit-based model.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Tourism, Leisure and Hospitality Management
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