IDEAS home Printed from https://ideas.repec.org/a/eee/touman/v33y2012i6p1562-1573.html
   My bibliography  Save this article

An integrated model of tourists’ time use and expenditure behaviour with self-selection based on a fully nested Archimedean copula function

Author

Listed:
  • Zhang, Hui
  • Zhang, Junyi
  • Kuwano, Masashi

Abstract

This study presents an integrated model of tourists’ time use, expenditure by explicitly incorporating the influence of destination visit behaviour based on the concept of self-selection. Inter-destination interactions (between time-use decisions, between expenditure decisions, and between decisions on both time use and expenditure) are incorporated by using a multilinear utility function. The study uses a Type-II Tobit model with a Frank-type fully nested Archimedean copula to deal with issues caused by correlation between these variables. The Archimedean copula is used to combine marginal distributions to obtain a joint distribution of error terms of utility functions with the help of dependency parameters. The effectiveness of the model is confirmed empirically by using data collected in the Tottori Prefecture of Japan in 2007. Dependence structures across destinations, inter-destination interactions and the relative importance of each destination in decisions are examined.

Suggested Citation

  • Zhang, Hui & Zhang, Junyi & Kuwano, Masashi, 2012. "An integrated model of tourists’ time use and expenditure behaviour with self-selection based on a fully nested Archimedean copula function," Tourism Management, Elsevier, vol. 33(6), pages 1562-1573.
  • Handle: RePEc:eee:touman:v:33:y:2012:i:6:p:1562-1573
    DOI: 10.1016/j.tourman.2012.03.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0261517712000490
    Download Restriction: no

    File URL: https://libkey.io/10.1016/j.tourman.2012.03.004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hanemann, W Michael, 1984. "Discrete-Continuous Models of Consumer Demand," Econometrica, Econometric Society, vol. 52(3), pages 541-561, May.
    2. Bhat, Chandra R. & Eluru, Naveen, 2009. "A copula-based approach to accommodate residential self-selection effects in travel behavior modeling," Transportation Research Part B: Methodological, Elsevier, vol. 43(7), pages 749-765, August.
    3. Trivedi, Pravin K. & Zimmer, David M., 2007. "Copula Modeling: An Introduction for Practitioners," Foundations and Trends(R) in Econometrics, now publishers, vol. 1(1), pages 1-111, April.
    4. Kjersti Aas & Daniel Berg, 2009. "Models for construction of multivariate dependence - a comparison study," The European Journal of Finance, Taylor & Francis Journals, vol. 15(7-8), pages 639-659.
    5. Amemiya, Takeshi, 1984. "Tobit models: A survey," Journal of Econometrics, Elsevier, vol. 24(1-2), pages 3-61.
    6. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521747387.
    7. Bhat, Chandra R., 2005. "A multiple discrete-continuous extreme value model: formulation and application to discretionary time-use decisions," Transportation Research Part B: Methodological, Elsevier, vol. 39(8), pages 679-707, September.
    8. Lee, Lung-Fei, 1983. "Generalized Econometric Models with Selectivity," Econometrica, Econometric Society, vol. 51(2), pages 507-512, March.
    9. DeSerpa, A C, 1971. "A Theory of the Economics of Time," Economic Journal, Royal Economic Society, vol. 81(324), pages 828-846, December.
    10. Zhang, Junyi & Timmermans, Harry J. P. & Borgers, Aloys, 2005. "A model of household task allocation and time use," Transportation Research Part B: Methodological, Elsevier, vol. 39(1), pages 81-95, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Faruk Urak & Nihat Küçük & Abdulbaki Bilgiç & Steven T Yen, 2023. "Modeling censored tourism expenditures in Turkey with non-normal and heteroscedastic errors: An application of the inverse hyperbolic sine double-hurdle model," Tourism Economics, , vol. 29(3), pages 718-741, May.
    2. Abbruzzo, Antonino & Brida, Juan Gabriel & Scuderi, Raffaele, 2014. "Determinants of individual tourist expenditure as a network: Empirical findings from Uruguay," Tourism Management, Elsevier, vol. 43(C), pages 36-45.
    3. Zamparini, Luca & Vergori, Anna Serena, 2021. "Sustainable mobility at tourist destinations: The relevance of habits and the role of policies," Journal of Transport Geography, Elsevier, vol. 93(C).
    4. Marta Disegna & Fabrizio Durante & Enrico Foscolo, 2013. "A multivariate nonlinear analysis of tourism expenditures," BEMPS - Bozen Economics & Management Paper Series BEMPS10, Faculty of Economics and Management at the Free University of Bozen.
    5. Anton Ovcharov, 2015. "Methodological Problems Of Statistical Study Of Regional Tourism And Tourist Expenditure," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 281-287.
    6. Juan Gabriel Brida & Marta Disegna & Raffaele Scuderi, 2013. "Visitors to Two Types of Museums: Do Expenditure Patterns Differ?," Tourism Economics, , vol. 19(5), pages 1027-1047, October.
    7. Andrea Pellegrini & Stefano Scagnolari, 2021. "The relationship between length of stay and land transportation mode in the tourism sector: A discrete–continuous framework applied to Swiss data," Tourism Economics, , vol. 27(1), pages 243-259, February.
    8. Li, Xinming & Hossein Rashidi, Taha & Koo, Tay T.R., 2023. "Tourists’ travel mode and length of stay: Application of a fully nested Archimedean copula structure," Transportation Research Part A: Policy and Practice, Elsevier, vol. 172(C).
    9. Juan Brida & Pablo Daniel Monterubbianesi & Sandra Zapata-Aguirre, 2013. "Análisis de los factores que influencian el gasto de los turistas culturales: el caso de los visitantes de museos de Medellín," Revista de Economía del Rosario, Universidad del Rosario, June.
    10. Deenihan, Gerard & Caulfield, Brian, 2015. "Do tourists value different levels of cycling infrastructure?," Tourism Management, Elsevier, vol. 46(C), pages 92-101.
    11. Rashidi, Taha H. & Koo, Tay T.R., 2016. "An analysis on travel party composition and expenditure: a discrete-continuous model," Annals of Tourism Research, Elsevier, vol. 56(C), pages 48-64.
    12. Barreal, Jesús & Mercadé-Melé, Pere & Vena-Oya, Julio, 2023. "Efecto del gasto y la estancia en la composición del mercado de turistas internacionales en las denominaciones de origen de AOVE en Andalucía," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 57, pages 87-109.
    13. Jianxu Liu & Vicente Ramos & Bing Yang & Mengjiao Wang & Songsak Sriboonchitta, 2024. "Analysing the dynamic co-movement between tourism and expected economic growth considering extreme events," Tourism Economics, , vol. 30(1), pages 3-26, February.
    14. McKercher, Bob & Filep, Sebastian & Moyle, Brent, 2021. "Movement in tourism: Time to re-integrate the tourist?," Annals of Tourism Research, Elsevier, vol. 91(C).
    15. Koo, Tay T.R. & Hossein Rashidi, Taha & Park, Jin-Woo & Wu, Cheng-Lung & Tseng, Wen-Chun, 2017. "The effect of enhanced international air access on the demand for peripheral tourism destinations: Evidence from air itinerary choice behaviour of Korean visitors to Australia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 106(C), pages 116-129.
    16. Jorge Moll-de-Alba & Lluís Prats & Lluís Coromina, 2016. "The need to adapt to travel expenditure patterns. A study comparing business and leisure tourists in Barcelona," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(2), pages 253-267, August.
    17. Chih-Wen Yang & Cheng-Lung (Richard) Wu & Jin-Long Lu, 2021. "Exploring the interdependency and determinants of tourism participation, expenditure, and duration: An analysis of Taiwanese citizens traveling abroad," Tourism Economics, , vol. 27(4), pages 649-669, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jokubauskaitė, Simona & Hössinger, Reinhard & Aschauer, Florian & Gerike, Regine & Jara-Díaz, Sergio & Peer, Stefanie & Schmid, Basil & Axhausen, Kay W. & Leisch, Friedrich, 2019. "Advanced continuous-discrete model for joint time-use expenditure and mode choice estimation," Transportation Research Part B: Methodological, Elsevier, vol. 129(C), pages 397-421.
    2. Shasha Liu & Toshiyuki Yamamoto & Enjian Yao, 2023. "Joint modeling of mode choice and travel distance with intra-household interactions," Transportation, Springer, vol. 50(5), pages 1527-1552, October.
    3. Kuriyama, Koichi & Shoji, Yasushi & Tsuge, Takahiro, 2020. "The value of leisure time of weekends and long holidays: The multiple discrete–continuous extreme value (MDCEV) choice model with triple constraints," Journal of choice modelling, Elsevier, vol. 37(C).
    4. Fang, Hao Audrey, 2008. "A discrete-continuous model of households' vehicle choice and usage, with an application to the effects of residential density," Transportation Research Part B: Methodological, Elsevier, vol. 42(9), pages 736-758, November.
    5. Reinhard Hössinger & Florian Aschauer & Sergio Jara-Díaz & Simona Jokubauskaite & Basil Schmid & Stefanie Peer & Kay W. Axhausen & Regine Gerike, 2020. "A joint time-assignment and expenditure-allocation model: value of leisure and value of time assigned to travel for specific population segments," Transportation, Springer, vol. 47(3), pages 1439-1475, June.
    6. Don Fullerton & Li Gan & Miwa Hattori, 2015. "A model to evaluate vehicle emission incentive policies in Japan," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(1), pages 79-108, January.
    7. Jörg Schwiebert, 2016. "Multinomial choice models based on Archimedean copulas," AStA Advances in Statistical Analysis, Springer;German Statistical Society, vol. 100(3), pages 333-354, July.
    8. Castro, Marisol & Bhat, Chandra R. & Pendyala, Ram M. & Jara-Díaz, Sergio R., 2012. "Accommodating multiple constraints in the multiple discrete–continuous extreme value (MDCEV) choice model," Transportation Research Part B: Methodological, Elsevier, vol. 46(6), pages 729-743.
    9. Chandra Bhat & Ipek Sener, 2009. "A copula-based closed-form binary logit choice model for accommodating spatial correlation across observational units," Journal of Geographical Systems, Springer, vol. 11(3), pages 243-272, September.
    10. Damette, Olivier & Delacote, Philippe & Lo, Gaye Del, 2018. "Households energy consumption and transition toward cleaner energy sources," Energy Policy, Elsevier, vol. 113(C), pages 751-764.
    11. Marcela Munizaga & Sergio Jara-Díaz & Paulina Greeven & Chandra Bhat, 2008. "Econometric Calibration of the Joint Time Assignment--Mode Choice Model," Transportation Science, INFORMS, vol. 42(2), pages 208-219, May.
    12. Kidokoro, Yukihiro, 2016. "A micro foundation for discrete choice models with multiple categories of goods," Journal of choice modelling, Elsevier, vol. 19(C), pages 54-72.
    13. Richards, Timothy J. & Gómez, Miguel I. & Pofahl, Geoffrey, 2012. "A Multiple-discrete/Continuous Model of Price Promotion," Journal of Retailing, Elsevier, vol. 88(2), pages 206-225.
    14. Bhat, Chandra R. & Sener, Ipek N. & Eluru, Naveen, 2010. "A flexible spatially dependent discrete choice model: Formulation and application to teenagers' weekday recreational activity participation," Transportation Research Part B: Methodological, Elsevier, vol. 44(8-9), pages 903-921, September.
    15. Bhat, Chandra R., 2008. "The multiple discrete-continuous extreme value (MDCEV) model: Role of utility function parameters, identification considerations, and model extensions," Transportation Research Part B: Methodological, Elsevier, vol. 42(3), pages 274-303, March.
    16. Rith, Monorom & Fillone, Alexis & Biona, Jose Bienvenido M., 2019. "The impact of socioeconomic characteristics and land use patterns on household vehicle ownership and energy consumption in an urban area with insufficient public transport service – A case study of me," Journal of Transport Geography, Elsevier, vol. 79(C), pages 1-1.
    17. Rodrigo J. Tapia & Gerard Jong & Ana M. Larranaga & Helena B. Bettella Cybis, 2021. "Exploring Multiple‐discreteness in Freight Transport. A Multiple Discrete Extreme Value Model Application for Grain Consolidators in Argentina," Networks and Spatial Economics, Springer, vol. 21(3), pages 581-608, September.
    18. Punyabeet Sarangi & M. Manoj, 2022. "Analysis of activity participation and time use decisions of partners: the context of low-and high-income households," Transportation, Springer, vol. 49(3), pages 1017-1058, June.
    19. Liu, Yangwen & Tremblay, Jean-Michel & Cirillo, Cinzia, 2014. "An integrated model for discrete and continuous decisions with application to vehicle ownership, type and usage choices," Transportation Research Part A: Policy and Practice, Elsevier, vol. 69(C), pages 315-328.
    20. Schmid, Basil & Molloy, Joseph & Peer, Stefanie & Jokubauskaite, Simona & Aschauer, Florian & Hössinger, Reinhard & Gerike, Regine & Jara-Diaz, Sergio R. & Axhausen, Kay W., 2021. "The value of travel time savings and the value of leisure in Zurich: Estimation, decomposition and policy implications," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 186-215.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:touman:v:33:y:2012:i:6:p:1562-1573. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/tourism-management .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.