2026-06-05T12:29:32Zhttps://riuma.uma.es/rest/oai/requestoai:riuma.uma.es:10630/67252026-02-03T12:14:56Zcom_10630_2254col_10630_37959
RIUMA. Repositorio Institucional de la Universidad de Málaga
author
Eugenio-Martin, Juan Luis
author
Campos-Soria, Juan Antonio
2013-12-04T10:37:56Z
2013-12-04T10:37:56Z
2013-12-04
http://hdl.handle.net/10630/6725
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.
eng
Turismo
Crisis económicas
Tourism expenditure under the global economic crisis: the role of climate in the place of residence
conference output
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URL
https://riuma.uma.es/bitstreams/eff13168-50dc-453e-86ef-4ad839221efb/download
File
MD5
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application/pdf
Extended Abstract.pdf
URL
https://riuma.uma.es/bitstreams/195c3fab-cd97-4bac-9f84-180b96558d20/download
File
MD5
5c20878931638ac73e9285b18b5ea400
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text/plain
Extended Abstract.pdf.txt