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on Tourism Economics |
| By: | Brida, Juan Gabriel; Pereira, Juan Sebastián; Scuderi, Raffaele |
| Abstract: | This paper studies the determinants of repeat visiting in Uruguay, where loyal visitors are a relevant part of the total. From a statistical point of view the number of times a visitor has been to a place constitutes count data. In this regard available information on Uruguay present relevant limitations. Count data is in fact reported only for those who visited the country up to five times, whereas records about the most frequent visitors are collapsed into one residual category. This implies that the classic models for count data such as Poisson or negative binomial cannot be put into consideration. The paper suggest instead the use of a quantile count data regression, that is a model based on measures of location rather than mean values. A set of explanatory variables related to socioeconomic characteristics, features of the journey and composition of the travel party are considered. |
| Keywords: | Repeat tourism; Uruguay; Quantile Regression; Count Data |
| JEL: | N76 L83 C21 |
| Date: | 2012–03–06 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:37140&r=tur |
| By: | Cellini, Roberto; Rizzo, Giuseppe |
| Abstract: | This paper presents a theoretical model to investigate the incentive of private producer and policymaker to reduce seasonality in a given market, where consumers derive different utilities from the consumption of the good in different seasons. The (seasonal) product differentiation is modelled along the lines of the contributions of Gabszewicz and Thisse (Price Competition, Quality and Income Disparities, 1979) and Shaked and Sutton (Relaxing Price Competition through Product Differentiation, 1982). The authors take into consideration that investments are possible to reduce the degree of seasonality. They show that, for a wide set of parameter configuration, the policy maker finds it optimal to make more effort to reduce seasonality as compared to private producers. The theoretical conclusion is consistent with empirical and anecdotical evidence, especially in the field of tourism markets. -- |
| Keywords: | seasonality,tourism,public spending |
| JEL: | D29 L12 L83 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:ifwedp:201216&r=tur |