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

Author

Listed:
  • 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.

Suggested Citation

  • Francisco J. Mas & Juan Luis Nicolau, 2004. "Heckit Modelling Of The Two-Stage Tourist Choice Process: Going On Holiday And Tourism Expenditures," Working Papers. Serie EC 2004-16, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasec:2004-16
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    References listed on IDEAS

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    2. Wang, Yu Shan, 2014. "Effects of budgetary constraints on international tourism expenditures," Tourism Management, Elsevier, vol. 41(C), pages 9-18.

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