Please use this identifier to cite or link to this item:
Title: Modelling expenditure in tourism using the log-skew normal distribution
Authors: Gómez Déniz, Emilio 
Dávila Cárdenes, María Nancy 
Boza Chirino, José 
UNESCO Clasification: 531290 Economía sectorial: turismo
Keywords: Expenditure
Log-skew normal distribution
Issue Date: 2021
Project: Aportaciones A la Toma de Decisiones Bayesianas Óptimas: Aplicaciones Al Coste-Efectividad Con Datos Clínicos y Al Análisis de Riestos Con Datos Acturiales. 
Journal: Current Issues in Tourism 
Abstract: Many factors are involved in tourist decision expenses. Such circumstances may give rise to some asymmetry in the distribution of tourism expenditure. We propose in this paper a reparameterization of the three-parameter log-skew normal distribution for modelling the expenditure at the country of origin, at destination, and total expenditure in a tourism setting. This distribution seems to fit the expenditure data satisfactorily in all the parts of the empirical distribution. In particular, the proposed model is well suited to capture the skewness and kurtosis that may be present and the long tail to the right that the three variables mentioned above tend to present in practice.
ISSN: 1368-3500
DOI: 10.1080/13683500.2021.1960282
Source: Current Issues in Tourism [ISSN 1368-3500], 11 de agosto 2021
Appears in Collections:Artículo preliminar
Adobe PDF (2,12 MB)
Show full item record

Google ScholarTM




Export metadata

Items in accedaCRIS are protected by copyright, with all rights reserved, unless otherwise indicated.