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An econometric comparison of uk and german foreign holiday behaviour

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  • Stephen F. Witt

Abstract

Econometric models which explain the generation and distribution of foreign holidays undertaken by UK and German residents are constructed and estimated. These comprise the basic model, a less constrained transformation and a modified model which incorporates supply constraints and habit persistence. Both versions of the basic model are shown to exhibit a structural break across the two sets of origin data, suggesting that habit and/or supply factors are important. The empirical findings also imply that the British regard foreign holidays as luxuries whereas Germans view them as necessities.

Suggested Citation

  • Stephen F. Witt, 1980. "An econometric comparison of uk and german foreign holiday behaviour," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 1(3), pages 123-131, September.
    • Handle: RePEc:wly:mgtdec:v:1:y:1980:i:3:p:123-131
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    File URL: http://hdl.handle.net/10.1002/mde.4090010305
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    Cited by:

    1. Vera Gouveia Barros, 2012. "Transportation Choice and Tourists' Behaviour," Tourism Economics, , vol. 18(3), pages 519-531, June.
    2. Joan B. Garau-Vadell & María D. De-Juan-Vigaray, 2017. "International residential tourist shopping styles," Tourism Economics, , vol. 23(3), pages 485-505, May.
    3. Ramesh Durbarry, 2004. "Tourism and Economic Growth: The Case of Mauritius," Tourism Economics, , vol. 10(4), pages 389-401, December.
    4. Tak-Kee Hui & Chi-Ching Yuen, 1998. "An Econometric Study on Japanese Tourist Arrivals in British Columbia and its Implications," The Service Industries Journal, Taylor & Francis Journals, vol. 18(4), pages 38-50, October.
    5. Felix Adamu Nandonde, 2015. "Exploring Foreign Tourists' Image of Tanzania: A Factorial Analysis Approach," Journal of African Business, Taylor & Francis Journals, vol. 16(1-2), pages 144-158, January.
    6. Witt, Stephen F. & Witt, Christine A., 1995. "Forecasting tourism demand: A review of empirical research," International Journal of Forecasting, Elsevier, vol. 11(3), pages 447-475, September.
    7. Célia M.Q. Ramos & Paulo M.M. Rodrigues, 2013. "Research Note: The Importance of Online Tourism Demand," Tourism Economics, , vol. 19(6), pages 1443-1447, December.
    8. Christine Lim, 1997. "An Econometric Classification and Review of International Tourism Demand Models," Tourism Economics, , vol. 3(1), pages 69-81, March.

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