Tourist Accommodation Effects of Festivals
AbstractLately the interest in arranging festivals or special events has increased in many cities. In this paper we present an econometric model to account for the tourism accommodation impact of such events. The autoregressive count data model incorporates some of the more important factors in the planing and evaluation of an event, such as spare capacity, displacement effects and the costs that face the visitors. The results for two large Swedish festivals indicate that there are some displacement effects, but that the net tourism effect is positive only since the average visitor stays longer during festival periods.
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Bibliographic InfoPaper provided by Umeå University, Department of Economics in its series Umeå Economic Studies with number 580.
Length: 11 pages
Date of creation: 25 Jan 2002
Date of revision:
Publication status: Published in Tourism Economics, 2006, pages 291-302.
Contact details of provider:
Postal: Department of Economics, Umeå University, S-901 87 Umeå, Sweden
Phone: 090 - 786 61 42
Fax: 090 - 77 23 02
Web page: http://www.econ.umu.se/
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Binomial; autoregression; estimation; demand analysis; festivals; rationed;
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-02-10 (All new papers)
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