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Heckit Modelling Of The Two-Stage Tourist Choice Process: Going On Holiday And Tourism Expenditures

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Author Info

  • Francisco J. Mas

    ()
    (Universidad de Alicante)

  • Juan Luis Nicolau

    ()
    (Universidad de Alicante)

Abstract

The objective of this paper is to decompose the process of tourist choice into two stages: taking a holiday and tourism expenditures, using the Heckit model, which avoids the problems of the methodologies applied to date. We propose hypotheses on the effect on the above decisions of tourist characteristics relating to the destination, personal restrictions and socio-demographic and psychographic characteristics. The empirical application, which is carried out in Spain on a sample of 3,781 individuals, finds a two-stage tourist choice process as the expenditure decision is correlated with that of taking a holiday. In addition, these decisions are also explained by individual tourist characteristics. El objetivo de esta investigación consiste descomponer el proceso de elecciónturístico en dos etapas, salir de vacaciones y gasto turístico, utilizando la modelizaciónHeckit que evita los problemas de las metodologías aplicadas hasta la fecha. Para ello,se proponen hipótesis de investigación acerca del efecto en las decisiones anteriores delas características de los turistas relacionadas con el destino, las restriccionespersonales, las características socio-demográficas y psicográficas. La aplicaciónempírica, efectuada en España sobre una muestra de 3.781 individuos, evidencia unproceso de elección turística bietápico ya que la decisión de gasto está correlacionadacon la de salir de vacaciones. Además, estas decisiones vienen explicadas por lascaracterísticas individuales del turista.

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File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-2004-16.pdf
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Bibliographic Info

Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie EC with number 2004-16.

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Length: 33 pages
Date of creation: Sep 2004
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasec:2004-16

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Related research

Keywords: Proceso de elección turística bietápica; salir de vacaciones; gastos en turismo; modelo Heckit. Two-stage tourist choice process; going on holiday; tourism expenditures; Heckit model.;

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  1. Melenberg, Bertrand & van Soest, Arthur, 1996. "Parametric and Semi-parametric Modelling of Vacation Expenditures," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(1), pages 59-76, Jan.-Feb..
  2. Louviere, Jordan J & Hensher, David A, 1983. " Using Discrete Choice Models with Experimental Design Data to Forecast Consumer Demand for a Unique Cultural Event," Journal of Consumer Research, University of Chicago Press, vol. 10(3), pages 348-61, December.
  3. Thanos Mergoupis & Max Steuer, 2003. "Holiday taking and income," Applied Economics, Taylor & Francis Journals, vol. 35(3), pages 269-284.
  4. Michael J. Hay & Kenneth E. McConnell, 1979. "An Analysis of Participation in Nonconsumptive Wildlife Recreation," Land Economics, University of Wisconsin Press, vol. 55(4), pages 460-471.
  5. Wiktor Adamowicz & Peter Boxall & Michael Williams & Jordan Louviere, 1998. "Stated Preference Approaches for Measuring Passive Use Values: Choice Experiments and Contingent Valuation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 64-75.
  6. Caswell, Margriet F. & McConnell, Kenneth E., 1980. "Simultaneous estimation of jointly dependent recreation participation function," Journal of Environmental Economics and Management, Elsevier, vol. 7(1), pages 65-76, March.
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