RT Conference Proceedings
T1 Tourism expenditure under the global economic crisis: the role of climate in the place of residence
A1 Eugenio-Martin, Juan Luis
A1 Campos-Soria, Juan Antonio
K1 Turismo
K1 Crisis económicas
AB Tourists from different European regions have reacted heterogeneously during the Global Economic Crisis. Such variability is due to different preferences and willingness to pay for tourism. This paper explores the underpinnings behind such heterogeneity. Regional variables and household socioeconomic variables are gathered to understand tourists' expenditure cutback decision. Since the cutback decision is not independent of the destination choice, a Simultaneous Semi-Ordered Bivariate Probit model is specified, which deals with the simultaneous estimation of both decisions and endogeneity. Post-estimation results are based on GIS, contours and non-parametric analysis. They prove that during an economic crisis, tourists' cutback decisions on tourism expenditure depend on climate conditions of the place of origin, GDP and GDP growth.
YR 2013
FD 2013-12-04
LK http://hdl.handle.net/10630/6725
UL http://hdl.handle.net/10630/6725
LA eng
NO Universidad de Málaga. Campus de Excelencia Internacional de Andalucía
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026