Determinants of Individual Tourist Expenditure as a Network: Empirical Findings from Uruguay

Antonio AbbruzzoAuthor-Email: antonino.abbruzzo@unipa.it, Juan Brida and Raffaele Scuderi
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Antonio AbbruzzoAuthor-Email: antonino.abbruzzo@unipa.it: DSEAS, University of Palermo

No BEMPS09, BEMPS - Bozen Economics & Management Paper Series from Faculty of Economics and Management at the Free University of Bozen

Abstract: Past literature investigating the determinants of tourist expenditure have made a wide use of econometric models to assess conditional relationships of a set of regressors in predicting individual spending. However such techniques provide little or no information about the relationships within the total set of regressors as determinants of such expenditure. This paper applies graphical models to investigate the links that occur within a set of variables derived from an official survey of Uruguayan statistics of visitor expenditures. Symmetric conditional dependence structures within socio-demographic and trip-related variables are first investigated. Then a chain graph assessment of asymmetric conditional dependencies of these two categories of variables is used to explain individual expenditure items. The output is displayed through graphs that allow for an easy interpretation of the data. The results highlight the marginal role of socio-demographic variables and the direct importance of accommodation type and destination as determinants of tourist expenditure.

Keywords: tourist expenditure; graphical model; chain graph; log-linear graphical model (search for similar items in EconPapers)
JEL-codes: C11 C21 C45 L83 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2013-06
New Economics Papers: this item is included in nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Determinants of individual tourist expenditure as a network: Empirical findings from Uruguay (2014)
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