A bivariate count data model for household tourism demand (replication data)

DOI

Households' choice of the number of leisure trips and the total number of overnight stays is empirically studied using Swedish tourism data. A bivariate hurdle approach separating the participation (to travel and stay the night or not) from the quantity (the number of trips and nights) decision is employed. The quantity decision is modelled with a bivariate mixed Poisson lognormal model allowing for both positive as well as negative correlation between count variables. The observed endogenous variables are drawn from a truncated density and estimation is pursued by simulated maximum likelihood. The estimation results indicate a negative correlation between the number of trips and nights. In most cases own price effects are as expected negative, while estimates of cross-price effects vary between samples.

Identifier
DOI https://doi.org/10.15456/jae.2022319.0711981661
Metadata Access https://www.da-ra.de/oaip/oai?verb=GetRecord&metadataPrefix=oai_dc&identifier=oai:oai.da-ra.de:776101
Provenance
Creator Hellström, Jörgen
Publisher ZBW - Leibniz Informationszentrum Wirtschaft
Publication Year 2006
Rights Creative Commons Attribution 4.0 (CC-BY); Download
OpenAccess true
Contact ZBW - Leibniz Informationszentrum Wirtschaft
Representation
Language English
Resource Type Collection
Discipline Economics; Social and Behavioural Sciences