Microeconometric models of tourists' destination choise

Arbeitspapier

The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled alternatives in multinomial logit models is sequentially applied in order to determine the adequate aggregation level of the mutually exclusive alternatives in the choice set. The specification test suggested by Chesher and Santos Silva (1992) is used to investigate whether or not the IIA proposition is fulfilled within the assumed choice subsets.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Tübinger Diskussionsbeiträge ; No. 84

Classification and Topics

• Classification: Wirtschaft ; Consumer Economics: Empirical Analysis ; Size and Spatial Distributions of Regional Economic Activity ; Single Equation Models; Single Variables: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
• Subject: Spatial choice ; discrete choice models ; aggregation ; tourism demand

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Eymann, Angelika ; Ronning, Gerd
• Event: Veröffentlichung
• (who): Eberhard Karls Universität Tübingen, Wirtschaftswissenschaftliche Fakultät
• (where): Tübingen
• (when): 1996

Further information

• Handle: http://hdl.handle.net/10419/104950
• Last update: 10.03.2025, 11:44 AM CET