Determinants of the travel spending behaviour: micro-econometric evidence from India

K.G. Suresh and Lagesh Aravalath

International Journal of Economic Policy in Emerging Economies, 2024, vol. 20, issue 1, 92-109

Abstract: The objective of this paper is to analyse the impact of the socio-economic characteristics of the family heads and their mates on the total travel expenditure and its components. This study applies multiple regression and quantile regression methods to identify the key determinants of household travel expenditure in India. Our results show that the socio-economic characteristics of the household head, such as age, education, employment, religion and caste, and income, are important determinants in deciding the travel expenditure of the household. Further, the influence of these factors is found relevant for and stronger in the higher quantiles of the travel expenditure. Moreover, select characteristics of the spouse of the household head are also found to significantly contribute to the household's travel spending.

Keywords: travel spending; household head; socio-economic characteristics; quantile regression; India. (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=140197 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijepee:v:20:y:2024:i:1:p:92-109

Access Statistics for this article

More articles in International Journal of Economic Policy in Emerging Economies from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().