Length of Stay: Price and Income Semi-Elasticities at Different Destinations in Italy

Luca Salmasi, Martina Celidoni, Isabella Procidano

Research output: Contribution to journalArticlepeer-review

45 Citations (Scopus)

Abstract

In this paper, we estimate price and income semi-elasticities of the length of stay at different destinations in Italy using the 'Multipurpose survey on tourism demand, holidays and trips' provided by the Italian National Institute of Statistics (ISTAT). We derive the conditional demand function for the length of stay, which depends on tourists' socio-demographic characteristics, travel characteristics, income and price of touristic services. Since income was not reported in our database, we use the propensity score matching to retrieve this information from the 'Survey on household income and wealth (SHIW)', and we use quantile regression to account for the multimodality of the length of stay. © 2012 John Wiley & Sons, Ltd.
Original languageEnglish
Pages (from-to)515-530
Number of pages16
JournalTHE INTERNATIONAL JOURNAL OF TOURISM RESEARCH
Volume14
DOIs
Publication statusPublished - 2012

Keywords

  • 1409
  • Count quantile regression
  • Geography, Planning and Development
  • Length of stay
  • Nature and Landscape Conservation
  • Semi-elasticity
  • Tourism
  • Transportation

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