Arbeitspapier
Microeconomic Determinants of Domestic Tourism Expenditure in India
Using a nationally representative household survey from India, we examine individuals' domestic tourism participation and trip expenditure decisions together. We control for a large set of explanatory variables broadly classified as economic, socio-demographic and trip related characteristics. We use two-part (hurdle) model to allow explanatory variables to have differential affects on each decision. We find that education is an important determinant for both the decisions. Moreover, trip-related characteristics (party size, stay length, ac- commodation type, travel mode, and destination) are also important determinants of trip expenditure in addition to economic and socio-demographic characteristics. The unconditional quantile regression results show the heterogeneity in the impact of many variables across the trip expenditure distribution. The differences in trip expenditure across age-groups are primarily in the upper half of the trip expenditure distribution. A trip arranged under a tour package leads to an increase in trip expenditure at the higher quantiles of trip expenditure distribution.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 15245
- Klassifikation
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Wirtschaft
Microeconomic Analyses of Economic Development
- Thema
-
unconditional quantile regression
two-part model
expenditure
tourism participation
- Ereignis
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Geistige Schöpfung
- (wer)
-
Azam, Mehtabul
- Ereignis
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Veröffentlichung
- (wer)
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Institute of Labor Economics (IZA)
- (wo)
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Bonn
- (wann)
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2022
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Azam, Mehtabul
- Institute of Labor Economics (IZA)
Entstanden
- 2022