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

Author

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  • K.G. Suresh
  • Lagesh Meethale Aravalath

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.

Suggested Citation

  • K.G. Suresh & Lagesh Meethale Aravalath, 2024. "Determinants of the travel spending behaviour: micro-econometric evidence from India," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 20(1), pages 92-109.
    • Handle: RePEc:ids:ijepee:v:20:y:2024:i:1:p:92-109
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