Analysis of the Relationship between Household Life Cycle and Tourism Expenditure in Taiwan: An Application of the Infrequency of Purchase Model

Pi-Chuan Sun, Huei-Shan Lee and Tzong-Shyuan Chen
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Pi-Chuan Sun: Department of Business Management, Tatung University, Taipei, Taiwan
Huei-Shan Lee: Graduate Institute of Design Science, Tatung University, Taipei, Taiwan, and Department of Cosmetic Applications and Management, Cardinal Tien Junior College of Healthcare and Management, New Taipei City, Taiwan
Tzong-Shyuan Chen: Department of Leisure Services Management, Chaoyang University of Technology, 168 Jifeng E Road, Wufeng District, Taichung, Taiwan

Tourism Economics, 2015, vol. 21, issue 5, 1015-1033

Abstract: The infrequency of purchase (IP) model was used to explore the impact of financial factors, limiting factors, social status and household life cycle on family travel intention and travel expenditure in Taiwan. The empirical results indicate that family travel intention and level of expenditure vary at different stages of the household life cycle. Additionally, family incomes, the education level of the head of the household, women's employment and home ownership have significantly positive impacts on travel intention and level of expenditure. The findings also suggest that the presence of a family member's health problems or the number of seniors over 65 years of age in a household will reduce travel intention and thus the level of travel expenditure.

Keywords: household life cycle; tourism expenditure; infrequency of purchase model; Taiwan (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:21:y:2015:i:5:p:1015-1033

DOI: 10.5367/te.2014.0389

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