Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/42914
Title: Modelling distribution of aggregate expenditure on tourism
Authors: Gómez Déniz, Emilio 
Pérez Rodríguez, Jorge Vicente 
UNESCO Clasification: 1207 Investigación operativa
Keywords: Aggregate expenditure
Compound model
Tourism
Issue Date: 2019
Publisher: 0264-9993
Journal: Economic Modelling 
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.
URI: http://hdl.handle.net/10553/42914
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2018.09.027
Source: Economic Modelling[ISSN 0264-9993], n. 78, p. 293-308
Appears in Collections:Artículos
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