Identificador persistente para citar o vincular este elemento: http://hdl.handle.net/10553/42435
Título: Low-cost travel and tourism expenditures
Autores/as: Eugenio-Martin, Juan L. 
Inchausti-Sintes, Federico 
Clasificación UNESCO: 531212 Transportes y comunicaciones
531290 Economía sectorial: turismo
Palabras clave: Expenditure
Low cost
Savings
Simultaneous equations
Fecha de publicación: 2016
Publicación seriada: Annals of Tourism Research 
Resumen: Tourists' perception of saving money with the cheaper air fares offered by low-cost carriers may encourage them to spend more money at their destinations. This paper aims to test the following hypothesis: "Low-cost travel savings from tourists' place of origin are transferred, at least partially, to higher tourism expenditures at the destination". A system of simultaneous equations is estimated using the 3SLS method, distinguishing between tourism expenditure at the origin and at the destination. The methodology may be applied to any destination and for different policy assessments. The results for the case of Canary Islands show that the hypothesis holds for most tourist profiles, with savings-transfer ratios that range between 10.3% and 46.1%.
URI: http://hdl.handle.net/10553/42435
ISSN: 0160-7383
DOI: 10.1016/j.annals.2015.11.019
Fuente: Annals of Tourism Research[ISSN 0160-7383],v. 57, p. 140-159
Colección:Artículos
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