Return to Tourist Destination. Is it Reputation, After All?
AbstractIn this paper we study the hypothesis that the repeated purchases in the tourism markets could be considered as a consequence of asymmetrical information problems. We analyze this hypothesis with the case study of the Island of Tenerife by the estimation of a count data model. We obtain that the length of the stay and the information obtained from previous visits and/or relatives and friends might increase the return to a destination suggesting the presence of a reputation mechanism as proposed by Shapiro (1983). We also estimate the determinants of the willingness to return confirming the main results.
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Bibliographic InfoPaper provided by Asociación Española de Economía y Finanzas Internacionales in its series Working Papers with number 03-01.
Length: 20 pages
Date of creation: Apr 2003
Date of revision:
reputation; tourism; count data; logit;
Other versions of this item:
- Francisco Ledesma & Manuel Navarro & Jorge Perez-Rodriguez, 2005. "Return to tourist destination. Is it reputation, after all?," Applied Economics, Taylor & Francis Journals, vol. 37(18), pages 2055-2065.
- Francisco J. Ledesma & Manuel Navarro & Jorge V. Pérez-Rodríguez, . "Return to Tourist Destination. Is it Reputation, After All?," Working Papers on International Economics and Finance 03-01, FEDEA.
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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