Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/102001 
Year of Publication: 
2014
Series/Report no.: 
Nota di Lavoro No. 17.2014
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
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.
Subjects: 
Tourism Consumption
Income Elasticity
Household Characteristics
Domestic and International Travels
Standard of Living
JEL: 
D10
C23
C24
L83
Document Type: 
Working Paper

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