Decomposing the heterogeneous discretionary spending of international visitors to Fjord Norway
Truls Engström and
Gorm Kipperberg ()
Tourism Management, 2015, vol. 51, issue C, 131-141
Abstract:
This paper provides a comprehensive econometric analysis of the expenditures of international visitors to the Western fjord-region of Norway. The data come from an intercept survey conducted on randomly elicited summer visitors at central tourism locations in the region. Estimations are performed for total group expenditures and personal tourist expenditures. To adjust for potential sampling bias, both un-weighted and weighted regressions techniques are employed. The results identify elasticity measures with respect to length of stay, travel party size, and income, and uncover several other statistically significant and economically important determinants of expenditures. As a novel exploratory feature, the paper also analyzes expenditure shares for different categories of tourism goods and services.
Keywords: Tourism expenditures; International visitors; Determinants; Expenditure shares (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:touman:v:51:y:2015:i:c:p:131-141
DOI: 10.1016/j.tourman.2015.05.020
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