Modelling distribution of aggregate expenditure on tourism

C-Tier
Journal: Economic Modeling
Year: 2019
Volume: 78
Issue: C
Pages: 293-308

Authors (2)

Gómez–Déniz, E. (not in RePEc) Pérez–Rodríguez, J.V. (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The aim of this article is to obtain a statistical distribution that describes the aggregate expenditure of tourists related to their length of stay at a given location. This distribution enables us to estimate two parameters simultaneously; one controls the length of stay and the other, the expense incurred. We propose two distribution models, for which closed-form expressions are obtained. Covariates are introduced in order to study the factors that affect the aggregate expenditure. The results obtained indicate that the models achieve a reasonably good fit, with and without covariates.

Technical Details

RePEc Handle
repec:eee:ecmode:v:78:y:2019:i:c:p:293-308
Journal Field
General
Author Count
2
Added to Database
2026-01-29