Is Participation in Tourism Market an Opportunity for Everyone? Some Evidence from Italy

Cristina Bernini () and Maria Francesca Cracolici ()

No 2014.17, Working Papers from Fondazione Eni Enrico Mattei

Abstract: Exploring the main determinants of tourism participation at national and international level, the paper investigates if there are differences in tourism consumption behavior among Italian families which reflect disparities in their standard of living. To achieve this a Heckman model has been used on a huge sample of Italian households over the period 1997-2007. Results show that participation in the tourism market is strongly affected by the personal characteristics of individuals and that tourism consumption is an income sensitive good. The analysis reveals that tourism is generally a luxury good reflecting the disparities in the standard of living among Italian families. We have found that participation in the tourism market is affected not only by economic constraints, but also by cultural and territorial factors.

Keywords: Tourism Consumption; Income Elasticity; Household Characteristics; Domestic and International Travels; Standard of Living (search for similar items in EconPapers)
JEL-codes: C23 C24 D10 L83 (search for similar items in EconPapers)
Date: 2014-02
New Economics Papers: this item is included in nep-cul and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Is Participation in the Tourism Market an Opportunity for Everyone? Some Evidence from Italy (2016)
Working Paper: Is Participation in Tourism Market an Opportunity for Everyone? Some Evidence from Italy (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2014.17

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