Heckit modelling of tourist expenditure: evidence from Spain

By Juan Luis Nicolau, Francisco J. Más. 2005

146 citations recorded by the source corpus.

Purpose – This study intends to decompose the tourist choice process into two stages (decision to take a holiday and tourist expenditure), and to propose and test various expectations on the dimensions which explain the above decisions.Design/methodology/approach – In order to simultaneously model the two decisions, we use a system of equations based on the Heckit model.Findings – The dimensions affecting the decision to go on holiday are income, household size, education, size of the city of origin and opinion of going on holiday. The determinant factors influencing the level of expenditure are distance between origin and destination, type of accommodation, income, household size, age, marital status and length of stay. An important finding of this analysis is the differentiated effect of a given dimension on each decision.Research limitations/implications – The lack of information on some explanatory dimensions. Joint modelling. The spending decision should be modelled jointly with the decision to go on...

Subfields: Economics and Econometrics, Sociology and Political Science, Transportation

View Paper: https://www.semanticscholar.org/paper/6679e39b6cff812bc2f048f294d4765dece99f67

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Citations in the corpus

Estimating the willingness to pay for a sustainable wine using a Heckit model (2016, methodology): “A similar model was applied by Nicolau and Mas (2005) to analyze tourist behavior.”
Determinants of tourist expenditure: a review of microeconometric models (2013, methodology): “Nicolau and Mas (2005) estimated a positive and significant role of the willingness of going on holiday at lest once a year for the increase of the expenditure.”
A review of micro-analyses of tourist expenditure (2010, methodology): “Two studies (Mak et al, 1977 ; Nicolau & Mas, 2005 ) used systems of equations in order to simultaneously model tourist expenditure and other tourist decisions such as the decision to take a holiday and length of stay.”