Are daily expenditure and length of stay endogenous? The case of national tourism in Spain
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.
Type of Submission
Paper Presentation
Location
Gran Canaria
Recommended Citation
Pérez-Granja, Ubay and Pérez-Rodríguez, Jorge Vicente, "Are daily expenditure and length of stay endogenous? The case of national tourism in Spain" (2023). ITSA 2022 Gran Canaria - 9th Biennial Conference: Corporate Entrepreneurship and Global Tourism Strategies After Covid 19. 44.
https://docs.lib.purdue.edu/itsa/ITSA2022/ITSA2022/44
Participation
Attend the conference at Gran Canaria in person.
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
Comments
This presentation derives from an early work in progress