Are daily expenditure and length of stay endogenous? The case of national tourism in Spain
Location
Gran Canaria
Participation
Attend the conference at Gran Canaria in person.
Type of Submission
Paper Presentation
Short Abstract
In this study we analyze the main factors explaining the daily tourist expenditure and overnight stays of domestic tourists in Spain using a bootstrapped simultaneous equation framework. This allows us to consider sample variability and employ instrumental variables to deal with the endogeneity present between both variables. Our results confirm the endogenous relationship between both variables, but this relationship is not bidirectional. Moreover, the analysis of the determinants can help to develop marketing campaigns, activities or policies oriented to domestic tourism.
Are daily expenditure and length of stay endogenous? The case of national tourism in Spain
Gran Canaria
In this study we analyze the main factors explaining the daily tourist expenditure and overnight stays of domestic tourists in Spain using a bootstrapped simultaneous equation framework. This allows us to consider sample variability and employ instrumental variables to deal with the endogeneity present between both variables. Our results confirm the endogenous relationship between both variables, but this relationship is not bidirectional. Moreover, the analysis of the determinants can help to develop marketing campaigns, activities or policies oriented to domestic tourism.
https://docs.lib.purdue.edu/itsa/ITSA2022/ITSA2022/44