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on Tourism Economics |
| By: | Duro Moreno, Juan Antonio; Turrión Prats, Judith |
| Abstract: | Tourist seasonality is one of the main imbalances in the mass-destinations. This article seeks to provide more information on seasonality through an analysis of the situation in Catalonia, the most important Spanish region with respect to international tourism. This work focuses on a specific inspection of the main empirical factors. To achieve this, the traditional model of tourism demand has been used primarily as a reference, before an empirical application of a dynamic panel data model of markets for the 2000–2014 period (specifically using the GMM–DIFF model). Results reveal the significance of the inertial factor and the relevance of income and price factors, as well as observable behavioural differentials for some of the main source markets. We believe that the results obtained may be interesting with respect to tourism policies. Keywords: Tourist Seasonality; Dynamic Panel Data Models; Catalonia. JEL Classification: L83, C52. |
| Keywords: | Turisme -- Catalunya -- Models economètrics, 338 - Situació econòmica. Política econòmica. Gestió, control i planificació de l'economia. Producció. Serveis. Turisme. Preus, |
| Date: | 2016 |
| URL: | http://d.repec.org/n?u=RePEc:urv:wpaper:2072/266571&r=tur |
| By: | Thomas Longden (Centre for Health Economics Research and Evaluation (CHERE), University of Technology Sydney) |
| Abstract: | Regular and irregular travel patterns coincide with different underlying purposes of travel and days of the week. Within this paper, it is shown that the balance between subsistence (i.e. work) and discretionary (i.e. leisure) activities is related to differences in travel patterns and explains consistency across years. Using eight years of time use diary entries this paper finds that travel time related to subsistence activities tends to be regular and stable. In contrast, travel time associated with discretionary activities tends to be more unpredictable and varies greatly between discretionary and non-discretionary days. These findings have consequences for the travel time budget literature as consistency of average travel time is found to be driven by work days, which are frequent and have stable travel times. This is offset by discretionary days as they tend to have longer travel times with greater variability but are fewer in number. |
| Keywords: | Travel Time Stability, Time Allocation, Discretionary Activities, Switching Model |
| JEL: | R4 R41 |
| Date: | 2016–07 |
| URL: | http://d.repec.org/n?u=RePEc:fem:femwpa:2016.49&r=tur |