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The impact of e-commerce on the tourist purchase decision : an empirical analysis

Abstract

The development in the tourist industry linked with the rapid growth in e-commerce has put in evidence the existence of a new customer. We empirically investigate the microeconomic determinants of the internet purchased tourist goods. We adopt a reduced form demand for online goods model, extended to incorporate possible selectivity biases stemming from interactions between unobserved individual heterogeneity associated with specific internet use choice. The model is estimated using a very rich dataset from EGATUR (Encuesta de Gasto Turístico), the Spanish Foreign Tourist Expenditure Survey. The sample allows us to explore the influence of price and income related variables as well as personal characteristics on internet purchased goods. Price and income results are consistent with theory. Unobserved individual heterogeneity linked with the use of the internet is significantly correlated to unobserved individual heterogeneity related to online purchases.

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The impact of e-commerce on the tourist purchase decision : an empirical analysis

Author: Muro Romero, Juan de Dios,Suárez Gálvez, Cristina Isabel,Zamora Sanz, María del Mar
Publisher: Universidad de Alcalá. Departamento de Estadística, Estructura Económica y Organización Económica Internacional
Year: 2007
Source: https://ebuah.uah.es/dspace/bitstream/10017/1327/1/Alcamentos0801.pdf
DEPARTAMENTO DE
ESTADÍSTICA, ESTRUCTURA ECONÓMICA Y O.E.I.
Plaza de la Vic o ia, 2
28802 Alcalá de Hena es (Mad id)
Telé ono: 91 885 42 01
h p://www.uah.es/cen os_depa amen os/depa amen os
Alcamen os
Depa amen o de Es adís ica, Es uc u a y O.E.I.
0801
THE IMPACT OF E-COMMERCE ON THE
TOURIST PURCHASE DECISION: AN
EMPIRICAL ANALYSIS
Juan Mu o, C is ina Suá ez y Ma ía del Ma
Zamo a
Uni e sidad de Alcalá y Alcamé ica
1
DEPARTAMENTO DE
ESTADÍSTICA, ESTRUCTURA ECONÓMICA Y O.E.I.
Plaza de la Vic o ia, 2
28802 Alcalá de Hena es (Mad id)
Telé onos: 91 885 42 01
h p://www.uah.es/cen os_depa amen os/depa amen os
Alcamen os
Nº: 0801
THE IMPACT OF E-COMMERCE ON THE
TOURIST PURCHASE DECISION: AN
EMPIRICAL ANALYSIS
Juan Mu o, C is ina Suá ez y Ma ía del Ma
Zamo a
Uni e sidad de Alcalá y Alcamé ica
2
THE IMPACT OF E-COMMERCE ON THE
TOURIST PURCHASE DECISION: AN EMPIRICAL
ANALYSIS
Juan Mu o
C is ina Suá ez*
Ma ía del Ma Zamo a1
Uni e sidad de Alcalá and Alcamé ica
Janua y, 2007
Abs ac
The de elopmen in he ou is indus y linked wi h he apid g ow h in e-comme ce has pu in
e idence he exis ence o a new cus ome . We empi ically in es iga e he mic oeconomic
de e minan s o he in e ne pu chased ou is goods. We adop a educed o m demand o online
goods model, ex ended o inco po a e possible selec i i y biases s emming om in e ac ions
be ween unobse ed indi idual he e ogenei y associa ed wi h speci ic in e ne use choice. The
model is es ima ed using a e y ich da ase om EGATUR (Encues a de Gas o Tu ís ico), he
Spanish Fo eign Tou is Expendi u e Su ey. The sample allows us o explo e he in luence o
p ice and income ela ed a iables as well as pe sonal cha ac e is ics on in e ne pu chased
goods. P ice and income esul s a e consis en wi h heo y. Unobse ed indi idual he e ogenei y
linked wi h he use o he in e ne is signi ican ly co ela ed o unobse ed indi idual he e ogenei y
ela ed o online pu chases.
Keywo ds: e-Comme ce, Tou ism, Bina y choice model wi h selec i i y
JEL classi ica ion: C25, L83
*Co esponding au o .
Facul ad de Ciencias Económicas y Emp esa iales
Uni e sidad de Alcalá
Plaza de la Vic o ia, 2
28802 Alcalá de Hena es, Mad id (SPAIN)
e-mail: c i[email p o ec ed]
1 We would like o hank pa icipan s a ATMC held in Valencia (2007) o he highly cons uc i e commen s ecei ed.
E o s emain ou sole esponsibili y.
3
THE IMPACT OF E-COMMERCE ON THE TOURIST PURCHASE
DECISION: AN EMPIRICAL ANALYSIS
Juan Mu o, C is ina Suá ez and Ma ía del Ma Zamo a
1. In oduc ion
The In e ne phenomenon is changing people’s habi s in de eloped coun ies and many
socio-economic s udies a e cu en ly being de eloped ela ed o his e en , in pa icula wi h he
on-line e ail sales o goods and se ices ( o example OECD (1999)). In gene al, he In e ne
could be deemed as an in o ma ion sys em and also as an elec onic ma ke place, so, hese
cha ac e is ics allow he In e ne o be conside ed as an in e media y be ween buye s and selle s
o exchange in o ma ion abou p ices and p oduc o e ings.
One o he In e ne ma ke s ha has been de eloping owa ds highe le els o sales is he
online a el- ou is ma ke which has inc eased by as much as 34% om 2004 o 2005
(Ma cussen (2006)). This ma ke has special cha ac e is ics o bo h buye s and selle s. One o
he main ea u es o he ou is p oduc is i s in angible na u e when pu chased; i is me ely a
piece o in o ma ion s o ed in a ese a ions sys em, subsequen ly buye s do no equi e sizable
in es men s in o ganiza ional ans o ma ions. These elec onic ma ke sys ems educe he
sea ch cos s ha buye s mus pay o ob ain in o ma ion abou he p ices and p oduc o e ings
a ailable in he ma ke , some au ho s, as Combes and Pa el (1997), desc ibed he cus ome
en i onmen o In e ne -based a el se ices as alloca ion whe e consume s could be compa ed
wi h ease and, also, hey can inqui e abou a ious aspec s o a a el des ina ion wi hou ha ing
o speak o a a el agen o hey can quickly and simply ind he lowes a e anywhe e. In addi ion
4
o hei abili y o educe sea ch cos s, i we ake in o accoun he ac ha he ou is is no mally
no able o y he p oduc un il he momen ag eed, we can d aw he conclusion ha he ou is
p oduc i s pe ec ly wi h he new echnologies.
The use o he In e ne wi h a ou ism pu pose is wo old: i can ac as a p omo ional ool
o i can be used ocusing on i s capaci y o do e- ade. A i s , he p omo ional applica ion was
he eason why he ou is became so in e es ed in he In e ne . The second eason was e-
comme ce, which should be unde s ood as he ese a ions and/o shopping o ou is p oduc s.
Gi en ha he ela i ely new phenomenon o e-comme ce has impo an epe cussions
o ou is a el decisions, he aim o his pape is o analyse he mic oeconomic de e minan s o
he ou is s’ pu chase choices o o eign ou ism a i ing in Spain. The empi ical li e a u e on his
subjec is e y sca ce. I is limi ed o some mainly desc ip i e pape s, o Spain consul , o
example, IBIT (2001), o o o he s on e y speci ic ques ions no ela ed o he subjec o ou ism
consul , o example, Goolsbee (2000) and Alm and Melnik (2005).
The pu pose o he a icle ocuses on he in luence ha e-comme ce is ha ing on he
ou is sec o by assuming ha hey compa e he s ochas ic u ili y o se e al al e na i es and
selec he one ha maximizes hei u ili y. Also, his pape demons a es how access o he
In e ne wi h a ou ism pu pose is impo an in o de o buy online ou is a el p oduc s o
se ices. To do so, we use a p obi model wi h sample selec ion in which he p obabili y o he
ou is e-comme ce choice is condi ional o he access o he In e ne wi h a ou ism pu pose.

5
The model has been es ima ed wi h Spanish da a on o eign ou ism. We u ilize he 2004
wa e o a e y ich da abase coming om EGATUR (Encues a de Gas o Tu ís ico) he Spanish
Fo eign Tou is Expendi u e Su ey. The su ey is a ques ionnai e answe ed by mo e han a six y
housand o eign ou is s isi ing Spain and i eques s in o ma ion on ou is s’ socioeconomic
cha ac e is ics, a ibu es o he ip and o he ele an a iables including he e-comme ce choice.
The Ega u sample does no ha e p oblems o selec ion bias because he da a include all ypes o
ou is s a i ing in Spain and no only hose ha use he In e ne .
The goal in his a icle is o analyze a new phenomenon, he impac o e-comme ce on he
ou is pu chase decision o o eign ou is s isi ing Spain. The nex sec ion e iews a concep ual
amewo k ha explains he ou is s’ choice o comme ce mode in sec ion 2. This is ollowed by a
desc ip ion o he da abase and we also p esen , in sec ion 3, he empi ical esul s and analyse
he main de e minan s o e-comme ce choice. Finally, in he las sec ion, we sum up wi h ou main
conclusions o he impac o e-comme ce on he ou is pu chase decision expe ience in Spain.
2. The Model
Online comme ce p esen s In e ne use s wi h ano he me hod o pu chasing goods.
Almos all goods aded online can also be pu chased in adi ional comme ce. In his espec , he
In e ne p esen s simply ano he enue o pu chasing he same goods, and hence In e ne -
pu chased goods can be conside ed as pe ec subs i u es o some goods pu chased in adi ional
comme ce.
6
We can he e o e s uc u e he consume decision o pu chase goods online in he
ollowing way. Fi s , we assume ha he u ili y unc ion o he ep esen a i e ou is is
U=U(q1, …, qk, z1, …, zn, d1, …, d ),
whe e q=(q1, …, qk) ep esen s he ec o o goods ha can be pu chased p e e ably in adi ional
comme ce, o example es au an meals; z =(z1, …, zn) deno es consume goods ha can be
pu chased in online comme ce and in adi ional comme ce, whe e hey a e pe ec subs i u es, o
example, ho el beds; and inally, d = (d1, …, d ) ep esen s a good ha can be pu chased
p e e ably in online comme ce, o example, low-cos ai lines.
The consume balance will be educed o:
Max U= U(q1, …, qk, z1, …, zn, d1, …, d )
Subjec o:
pq q + pz z + pd d = Y
whe e pq, pz and pd a e he ec o s o p ices, and Y ep esen s he income le el.
In his se ing each ou is is assumed o ha e o choose be ween ou is goods ha can
be pu chased in online comme ce and in adi ional comme ce. Due o he c oss-sec ional na u e
o ou da abase we assume a myopic beha iou . Fo any gi en ou is , de ined by means o
indi idual obse ed cha ac e is ics, his/he u ili y is de i ed om a numbe o obse ed goods
a ibu es and a el ea u es and a se o unobse able ones.
7
The p obabili y ha a ou is i will choose o buy online equals he p obabili y associa ed
wi h a posi i e di e ence in he compa isons be ween he u ili y de i ed om buying online and
he u ili y ela ed o adi ional comme ce. The di e ence be ween he online comme ce and he
adi ional comme ce can be ep esen ed as an unobse ed la en a iable Yi*. So
Yi* = Xi’
β
+ ui, [1]
such ha one obse es only he bina y ou come,
Yi = 1 i Yi*> 0 and
Yi = 0 i Yi*
≤
0.
Howe e , one only obse es Yi o obse a ion i i he ou is has decided o ob ain access
o he In e ne (Ci =1), whe e Ci* ollows
Ci* = Zi’
γ
+
ε
i, [2]
whe e
Ci = 1 i Ci*> 0 and
Ci = 0 i Ci*
≤
0.
8
Xi and Zi a e a iable ec o s o indi idual cha ac e is ics ha can be common o no in bo h
speci ica ions [1] and [2]. ui and
ε
i a e he e o e ms o equa ions [1] and [2], espec i ely,
dis ibu ed as bi a ia e no mal wi h mean ze o, uni a iance, and
ρ
= Co (ui,
ε
i). A e con olling
by obse ables ou model allows o co ela ion be ween unobse ables in equa ions [1] and [2].
As is well known, when
ρ
≠
0, s anda d p obi echniques applied o equa ion [1] yield
biased esul s, and he p obi model wi h sample selec ion p o ides consis en , asymp o ically
e icien es ima es o all he pa ame e s in such models.
3. Empi ical analysis
In his sec ion we p esen he empi ical esul s o he analysis p oposed in he las sec ion
ha can be summa ised wi h he ollowing equa ions: he selec ion equa ion which is ela ed o
in e ne access wi h a ou ism pu pose (equa ion [2]) and he main equa ion which is ela ed o
online comme ce and is only obse ed i in e ne access exis s (equa ion [1]). These equa ions
a e es ima ed simul aneously acco ding o maximum likelihood and he me hod is adap ed om
he a icle by Van de Ven and Van P agg (1981), in which bo h equa ions ha e bina y dependen
a iables.
All speci ica ions inco po a e a g oup o common a iables included in Xi and Zi which a e
ela ed o cha ac e is ics ha can in luence ou is pu chase choices and he possibili y o
unde ake ce ain ac i i ies and hey a e common in bo h decisions (In e ne access e sus no
In e ne access, and online comme ce e sus adi ional comme ce). These a iables a e ela ed
15
I may be assumed ha he cos o sea ching o new al e na i es is gene ally oo high and he
expec ed gains associa ed wi h new al e na i es oo unce ain. I we analyse ou is s wi h en o
mo e isi s o Spain, we can obse e ha hey p e e o use e-comme ce wi h a ma ginal e ec o
8.1% on he p obabili y o buying online.
Also e idenced in Table 2 is he ac ha he use o a low cos ai line o come o Spain
inc eases he p obabili y o e-comme ce. This is one o he mos impo an cha ac e is ics o his
ype o company, which p e e s di ec access o a consume only h ough call cen es and he
In e ne and also i is impo an o ema k ha he ype o se ice mos demanded in he online
ma ke is ai a el wi h 56% o he demand.
The sho e he leng h o he s ay he g ea e he p obabili y o buying online, wi h
posi i e means ma ginal e ec s anging om 8.8% (be ween 1 and 3 days) o 5.3% (be ween 4
and 7 days).
4. Conclusions
The impac o he In e ne in ac i i ies ela ed o ou ism has seen a signi ican g ow h in
he las yea s. Gi en ha online comme ce has impo an epe cussions o ou is decisions, he
aim o his pape is o analyse he mic oeconomic de e minan s o he ou is s’ e-comme ce
choices o o eign ou ism a i ing o Spain in 2004.

16
The econome ic analysis employed o ob ain hese esul s used a p obi model wi h
sample selec ion. This model is necessa y o he aim o con olling e-comme ce e ec s o he
likelihood o In e ne use. We came o his conclusion showing he s a is ical signi icance o he
co ela ion coe icien . Using a p obi model wi h sample selec ion we ha e es ima ed he
p obabili y o e-comme ce choice, o he ou is s ha use In e ne wi h a ou ism pu pose, as
opposi e o buying ou is p oduc s using adi ional comme ce.
Ou esul s allow us o de ine cha ac e is ics in luencing e-comme ce. In gene al, he
esul s show ha ou is use s o online shopping mee he ollowing equi emen s. Younge
people a e mo e likely o buy ia in e ne , ou is s who come o Spain looking o elax o o beach
and sun (leisu e ou is s) p e e o pu chase he ou is p oduc online, ou is s wi hou package
holidays and who a el by low cos companies ha e mo e p obabili y o buying online han
ou is s planning he a el wi h package holidays o a el by ai , in a ull se ice ai line, o by
oad. Fu he mo e, geog aphical cha ac e is ics show ha ou is coming om Uni ed Kingdom
and going o he beach in Communi y o Valencia ha e he g ea es p obabili y o using In e ne
o looking up in o ma ion and also o buying online.
5. Re e ences
Alm, J. and M. I. Melnik (2005) Sales Taxes and he Decision o Pu chase Online, Public Finance
Re iew, 33(2), 184-212.
Combes, G.C. and J.J. Pa el (1997) C ea ing li elong cus ome ela ion-ships: why he ace o
cus ome acquisi ion on he In e ne is so s a egically impo an , Iwo d, 2(4), Hamb ech
& Quis .
17
Goolsbee, A. (2000) In a Wo ld wi hou Bo de s: The Impac o Taxes on In e ne Comme ce,
Qua e ly Jou nal o Economics, 115(2), 561-76.
IBIT (2001) S udy on Elec onic comme ce in he alue chain o he ou ism sec o .
Ma cussen, C.H. (2006) T ends in Eu opean In e ne dis ibu ion o a el and ou ism se ices,
h p://www.c .dk/uk/s a /chm/ ends.h m.
OECD (1999) The economic and social impac o elec onic comme ce. P elimina y indings and
esea ch agenda.
Van de Ven, W. P. M. M. and B. M. S. Van P agg (1981) The Demand o Deduc ibles in P i a e
Heal h Insu ance: A P obi Model wi h Sample Selec ion, Jou nal o Econome ics, 17,
229-252.
18
Figu e 1: Pe cen age o Tou is wi h In e ne Access and Online Shopping
39.96% 24.50%
60.04%
15.46%
0%
20%
40%
60%
80%
100%
In e ne Access Online Shopping
Yes No
Sou ce: EGATUR and own elabo a ion.
19
Table 1: Pe cen age o e-comme ce by ou is ’ cha ac e is ics, ip a ibu es and o he con ol a iables
Tou is s’ cha ac e is ics To al
ou is s In e ne
access T ip a ibu es To al
ou is s In e ne
access
Age
Size o a el g oup
<= 24 yea s 36.19% 23.91% Alone 39.53% 38.32%
24 < age <= 44 29.69% 23.59% Couple 29.64% 30.90%
44 < age <=64 21.60% 24.75% Mo e han wo 30.83% 30.78%
>= 65 yea s 12.52% 27.76% Tou is main des ina ion
Pu pose o he ip Res o Spain 13.43% 13.18%
Wo k and Business 22.74% 30.66% Andalusia 12.06% 16.25%
Sun and beach (o elax) 32.39% 30.17% Balea ic Island 16.44% 16.70%
O he mo i es 44.87% 39.17% Cana y Island 8.16% 7.76%
Age & Pu pose o he ip Ca alonia 15.88% 14.64%
<= 24 yea s & Sun and beach (o elax) 32.56% 22.59% Communi y o Valencia 22.46% 18.31%
24 < age <= 44 & Sun and beach 31.35% 23.18% Mad id 11.57% 13.16%
44 < age <=64 & Sun and beach 23.16% 25.51% Leng h o s ay
>= 65 yea s & Sun and beach 12.93% 28.71% 1 < days < 3 28.94% 35.46%
4 < days < 7 37.96% 32.71%
<= 24 yea s & Wo k and Business 38.19% 26.15% >= 8 days 33.10% 31.83%
24 < age <= 44 & Wo k and Business 23.68% 23.91% Type o accomoda ion
44 < age <=64 & Wo k and Business 20.32% 25.21% O he ype o accomoda ion 33.50% 33.27%
>= 65 yea s & Wo k and Business 17.81% 24.72% F ee accomoda ion 41.62% 40.43%
Tou ism eso 24.88% 26.30%
<= 24 yea s & O he mo i es 37.61% 23.57% Type o a el
24 < age <= 44 & O he mo i es 33.53% 25.56% Full Se ice Ai line 26.01% 31.09%
44 < age <=64 & O he mo i es 18.78% 24.19% Low Cos Company 67.26% 51.64%
>= 65 yea s & O he mo i es 10.07% 26.68% Road 6.73% 17.28%
Le el o educa ion
O he con ol a iables
Basic educa ion 20.62% 27.16% Seasonali y
Medium educa ion 35.00% 35.99% Fi s Qua e 24.20% 26.16%
Uni e si y educa ion 44.38% 36.85% Second Qua e 24.57% 24.63%
Coun y o esidence Thi d Qua e 23.90% 23.67%
F ance 6.84% 13.40% Fou h Qua e 27.33% 25.54%
Ge many 14.29% 14.58%
Numbe o isi s
Uni ed Kingdom 24.09% 20.90% Numbe o isi s >=10 47.58% 55.55%
I aly 17.98% 17.44% Numbe o isi s < 10 52.42% 44.45%
Ne he lands 21.69% 18.30%
Res o he Wo ld 15.11% 15.38%
Le el o income
High 30.07% 31.01%
Médium 32.81% 31.99%
Low 37.12% 36.99%
O ganiza ion o he ip
wi hou package ou 70.19% 66.49%
wi h package ou 29.81% 33.51%
20
Table 2: Es ima ion o he p obi model wi h sample selec ion
E-comme ce Coe . S d. E . In e ne access Coe . S d. E .
Age & Pu pose o he ipe
Age
<= 24 yea s & Sun and beach (o elax) 0.1994 (0.048) *** <= 24 yea s 1,1751 (0.029)
24 < age <= 44 & Sun and beach 0.1427 (0.033) *** 24 < age <= 44 0.9609 (0.024) ***
44 < age <=64 & Sun and beach 0.0984 (0.035) *** 44 < age <=64 0.5836 (0.024) ***
<= 24 yea s & Wo k and Business ela ions -0.2038 (0.125) Le el o educa ion
24 < age <= 44 & Wo k and Business ela . -0.5062 (0.045) *** Basic educa ion -0.3718 (0.020) ***
44 < age <=64 & Wo k and Business ela . -0.4441 (0.073) *** Medium-High educa ion -0.2868 (0.013) ***
Le el o educa ion
Coun y o esidence
Basic educa ion -0.2641 (0.042) *** F ance -0.8092 (0.030) ***
Medium educa ion -0.0646 (0.026) ** Ge many -0.1312 (0.027) ***
Coun y o esidence Uni ed Kingdom 0.0945 (0.026) ***
F ance -0.2326 (0.063) *** I aly -0.2623 (0.034) ***
Ge many 0.0186 (0.042) Res o he wo ld -0.2643 (0.027) ***
Uni ed Kingdom 0.2602 (0.040) *** Le el o income
I aly -0.1976 (0.052) *** High 0.2142 (0.052) ***
Res o he wo ld -0.2270 (0.042) *** Medium 0.1591 (0.050) ***
Le el o income
O ganiza ion wi h package ou -0.6599 (0.019) ***
High -0.1021 (0.099)
Pu spose o he ip
Medium -0.0959 (0.097) Wo k and Business ela ions -0.5606 (0.024) ***
O ganiza ion wi h package ou -0.7892 (0.039) *** Sun and beach 0.0761 (0.018) ***
Type o a el
Size o a el g oup <=3 0.0998 (0.015) ***
Full Se ice Ai line 1.0015 (0.040) *** Tou is main des ina ion
Low Cos Company 1.7268 (0.046) *** Res o Spain 0.1120 (0.025) ***
Size o a el g oup Andalusia -0.4450 (0.025) ***
Alone 0.0671 (0.032) * Cana y Island 0.1409 (0.018) ***
Couple 0.0185 (0.025) Ca alonia 0.0959 (0.022) ***
Tou is main des ina ion Communi y o Valencia 0.1966 (0.024) ***
Res o Spain -0.2219 (0.042) *** Mad id -0.1903 (0.030) ***
Andalusia -0.2107 (0.051) *** Leng h o s ay
Cana y Island -0.6237 (0.036) *** 1 < days < 3 -0.1862 (0.019) ***
Ca alonia -0.0710 (0.037) * 4 < days < 7 0.0610 (0.013) ***
Communi y o Valencia 0.1940 (0.042) *** Type o accomoda ion
Mad id -0.3672 (0.048) *** F ee accomoda ion -0.1250 (0.017) ***
Leng h o s ay
Seasonali y
1 < days < 3 0.1806 (0.034) *** Second Qua e 0.0696 (0.017) ***
4 < days < 7 0.1411 (0.021) *** Thi d Qua e 0.0129 (0.016)
Type o accomoda ion Fou h Qua e 0.1613 (0.017) ***
F ee accomoda ion -0.0124 (0.041) Numbe o isi s >=10 -0.1709 (0.013) ***
Tou ism eso -0.1227 (0.039) *** Cons an -0.6922 (0.069) ***
Seasonali y
Second Qua e -0.0833 (0.030) *** ho 0.2411 (0.077) ***
Thi d Qua e -0.1356 (0.029) *** Log pseudolikelihood -477860.49
Fou h Qua e -0.0557 (0.030) * Numbe o obs. 60011
Numbe o isi s>=10 0.1661 (0.026) *** Censo ed obs. 36031
Cons an -0.4411 (0.131) *** Uncenso ed obs. 23980
aIndi idual e e ence: mo e han 64 yea s old, o he mo i es o a el, Uni e si y educa ion, Ne he lands, low le el o income, wi hou package ou ,
a el by oad, size o a el g oup o e wo, Balea ic Island, leng h o s ay o e 8 days, o he ype o accommoda ion, i s qua e , less han en isi s.
***Le el o signi icance 1%, **le el o signi icance, 5%, *le el o signi icance 10%.

21
Table 3: Ma ginal e ec s and pseudo-elas ici ies o he p obi model wi h sample selec ion
Ma ginal E ec s Pseudo elas ici y
Use In e ne o booking Di ec e ec s Indi ec e ec s To al Di ec e ec s Indi ec e ec s To al
Age & Pu pose o he ipe
<= 24 yea s & Sun and beach (o elax) 0.0749 0.075 22.7% 22.7%
24 < age <= 44 & Sun and beach 0.0531 0.053 16.1% 16.1%
44 < age <=64 & Sun and beach 0.0363 0.036 11.0% 11.0%
<= 24 yea s & Wo k and Business ela ions -0.0701 -0.070 -21.3% -21.3%
24<age<= 44 & Wo k and Business
ela ions -0.1578 -0.158 -47.9% -47.9%
44<age<=64 & Wo k and Business
ela ions -0.1415 -0.142 -42.9% -42.9%
Le el o educa ion
Basic educa ion -0.0892 0.0123 -0.077 -27.1% 10.5% -16.6%
Medium educa ion -0.0230 0.0187 -0.023 -7.0% 16.0% 9.0%
Coun y o esidence
F ance -0.0793 0.0492 -0.030 -24.1% 42.1% 18.0%
Ge many 0.0067 0.0107 0.017 2.0% 9.1% 11.2%
Uni ed Kingdom 0.0986 0.0002 0.099 29.9% 0.2% 30.1%
I aly -0.0681 0.0088 -0.059 -20.7% 7.5% -13.1%
Res o he wo ld -0.0775 0.0070 -0.071 -23.5% 6.0% -17.6%
Le el o income
High -0.0361 -0.0199 -0.056 -10.9% -17.1% -28.0%
Medium -0.0339 -0.0158 -0.050 -10.3% -13.6% -23.8%
O ganiza ion wi h package ou -0.2203 -0.0181 -0.238 -66.8% -15.5% -82.3%
Type o a el
Full Se ice Ai line 0.3828 0.383 116.2% 116.2%
Low Cos Company 0.5712 0.571 173.3% 173.3%
Size o a el g oup
Alone 0.0246 0.025 7.5% 7.5%
Couple 0.0067 0.007 2.0% 2.0%
Tou is main des ina ion
Res o Spain -0.0759 -0.0194 -0.095 -23.0% -16.6% -39.6%
Andalusia -0.0723 0.0218 -0.050 -21.9% 18.7% -3.3%
Cana y Island -0.1861 -0.0479 -0.234 -56.5% -41.0% -97.5%
Ca alonia -0.0253 -0.0102 -0.035 -7.7% -8.7% -16.4%
Communi y o Valencia 0.0728 -0.0083 0.065 22.1% -7.1% 15.0%
Mad id -0.1201 -0.0087 -0.129 -36.4% -7.4% -43.8%
Leng h o s ay
1 < days < 3 0.0676 0.0200 0.088 20.5% 17.2% 37.7%
4 < days < 7 0.0525 0.0004 0.053 15.9% 0.3% 16.2%
Type o accomoda ion
F ee accomoda ion -0.0045 -0.004 -1.4% -1.4%
Tou ism eso -0.0431 -0.043 -13.1% -13.1%
Seasonali y
Second Qua e -0.0296 -0.0089 -0.038 -9.0% -7.6% -16.6%
Thi d Qua e -0.0475 -0.0076 -0.055 -14.4% -6.5% -20.9%
Fou h Qua e -0.0199 -0.0141 -0.034 -6.0% -12.1% -18.1%
Numbe o isi s>=10 0.0621 0.0185 0.081 18.8% 15.9% 34.7%
22
Appendix
Tou is s’ cha ac e is ics:
Age: The socio-demog aphic cha ac e is ics ha e been de ined including in o ma ion ela ed o
he age o he ou is . We ha e es ablished ou ca ego ies: Unde 24, be ween 24 and 44,
be ween 45 and 64 and o e 64.
Le el o Educa ion: The educa ional le el has been es ablished in h ee di e en ca ego ies:
Basic, Seconda y and Uni e si y Educa ion.
Coun y o esidence: We ha e conside ed six di e en o igins: F ance, Ge many, Uni ed
Kingdom, I aly, Ne he lands and he es o he wo ld.
Le el o income: This a iable conside s di e en income le els which a e placed in o he
ollowing ca ego ies: High income le el, Medium income le el, and Low income le el.
Pu pose o he ip: These a iables iden i y ou is s whose p incipal mo i es o he Spain isi is
Wo k and Business ela ions, Sun and Beach and o he mo i es.
O ganiza ion o he ip: This a iable ecognizes i he ou is s ha e isi ed Spain wi h a package
ou o no .
T ip a ibu es:
Size o a el g oup: Wi h his a iable we iden i y i he ou is a els Alone, as a Couple o in a
G oup o mo e han wo pe sons.
Tou is main des ina ion: In o de o collec he main ou ism des ina ions in Spain we ha e
de ined se en dummy a iables: Andalusia, Cana y Islands, Balea ic Island, Ca alonia,
Communi y o Valencia, Mad id and o he des ina ions, espec i ely.
Leng h o s ay: In o de o iden i y he ou is ’s ideli y, we ha e conside ed he ca ego ies: Mo e
han once in a yea , Once in a yea and Less han once a yea o e e he numbe o imes ha
he ou is s isi Spain in one yea .
Type o accommoda ion: We use h ee di e en ca ego ies: Tou ism eso , F ee accommoda ion
and o he ype o accommoda ion.
Type o a el: We use h ee di e en ca ego ies: Full Se ice Ai line, Low Cos Company and
Road.
O he con ol a iables:
Seasonali y: hese a iables iden i y he qua e du ing which he ip is made.
Numbe o isi s: In o de o iden i y he ou is ’s ideli y, we ha e conside ed he ca ego ies: Mo e
han en and Less han en o e e he numbe o imes ha he ou is s isi Spain in one yea .
23
Relación de í ulos publicados en la colección ALCAMENTOS.
Nº Au o /es Tí ulo
0801 Juan Mu o
C is ina Suá ez
Ma ia del Ma Zamo a
The impac o e-comme ce on he ou is
pu chase decision: An empi ical mic o analysis