Determinants of Tourist Expenditure: A Review of Microeconometric Models

Brida J.G., Scuderi R. (2013). Determinants of tourist expenditure: a review of microeconometric models. Tourism Management Perspectives, 6(April), 28-40, doi: 10.1016/j.tmp.2012.10.006, ISSN: 2211-9736

Posted: 30 Apr 2012 Last revised: 22 Mar 2017

See all articles by Juan Gabriel Brida

Juan Gabriel Brida

Universidad de la Rep├║blica

Raffaele Scuderi

Kore University of Enna - School of Economics

Date Written: April 25, 2012

Abstract

This paper presents a comprehensive review of the econometric approaches for the analysis of tourism expenditure at individual level. The attempt to consider only regression models is novel in literature. The paper resumes 86 papers and 354 estimations of econometric models from data at individual level, ranging from 1977 to the early 2012. Discussion focuses on models used, dependent variables, explanatory variables by category and their effect on expenditure. The most frequently used explanatory variables were income, socio-demographic and trip-related, and were tested mainly through classical regression techniques (OLS, quantile, Tobit and two-step, logistic). Future research directions should concern the exploration of new evidence through novel methodological techniques, a more extensive use of psychographic variables and a stronger relation to economic theory.

Keywords: tourist expenditure, econometric models, micro data, review

JEL Classification: C00, D11, D12, L83

Suggested Citation

Brida, Juan Gabriel and Scuderi, Raffaele, Determinants of Tourist Expenditure: A Review of Microeconometric Models (April 25, 2012). Brida J.G., Scuderi R. (2013). Determinants of tourist expenditure: a review of microeconometric models. Tourism Management Perspectives, 6(April), 28-40, doi: 10.1016/j.tmp.2012.10.006, ISSN: 2211-9736, Available at SSRN: https://ssrn.com/abstract=2048221 or http://dx.doi.org/10.2139/ssrn.2048221

Juan Gabriel Brida (Contact Author)

Universidad de la Rep├║blica ( email )

Av. 18 de Julio
Montevideo, 1968
Uruguay

Raffaele Scuderi

Kore University of Enna - School of Economics ( email )

Faculty of Economics and Law
Via delle Olimpiadi
Enna, Enna 94100
Italy

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Abstract Views
1,010
PlumX Metrics