The determinants of household vacation travel: some empirical evidence
The determinants of household vacation travel: some empirical evidence
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家庭度假旅行的决定因素:一些经验证据
DOI:
10.1080/00036848100000027
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发表时间:
1981
影响因子:
2.2
通讯作者:
R. Hagemann
中科院分区:
文献类型:
--
作者:
R. Hagemann
Surprisingly, there have been relatively few estimates of the determinants of household vacation travel. Houthakker (1952), using British data, obtained an estimate of 3.52* 0.23 for the total expenditure elasticity of demand for'Holiday Travel'. Also, using British data, Prais and Houthakker (1970) estimated the comparable elasticity to be 2.16-c 0.17 for the working class and 1.10 2 0.23 for the middle class. In a more recent study, the US Travel Data Centre, using data from the 1972-73 Consumer Expenditure Survey (CES), obtained an estimate of 1.88 for the income elasticity of demand for travel.In each of these studies, some form of log-linear or semi-logarithmic regression equation was specified, and the parameters estimated by ordinary least squares. The implication is that non-travelling households, for which travel expenditures are zero, were. excluded from the sample.'This represents to a large extent a sample selec'tion bias, and the regression coefficients are likely to be bia~ ed.~ The implicit assumption is that non-travelling households have a zero demand for travel. But this is not at all clear a priori. For instance, some households may have travelled in the year prior to the survey, and are planning a trip in the following year. A more appropriate assumption is that non-travelling households are also displaying market behaviour by choosing not to travel. Under such an assumption, it is important to in~ lude non-travellers as well as travellers in estimating the parameters of the travel expenditure function. To the extent that some factors may have a proportionately greater effect on the probability of travel than on expenditures, it is crucial to differentiate the income elasticity of expenditures on travel from the income elasticity of the probability of travel.