Microeconometric models of tourists' destination choise

Angelika Eymann and Gerd Ronning

No 84, Tübinger Diskussionsbeiträge from University of Tübingen, School of Business and Economics

Abstract: The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled alternatives in multinomial logit models is sequentially applied in order to determine the adequate aggregation level of the mutually exclusive alternatives in the choice set. The specification test suggested by Chesher and Santos Silva (1992) is used to investigate whether or not the IIA proposition is fulfilled within the assumed choice subsets.

Keywords: Spatial choice; discrete choice models; aggregation; tourism demand (search for similar items in EconPapers)
JEL-codes: C25 D12 R12 (search for similar items in EconPapers)
Date: 1996
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:tuedps:84

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