A micro‐econometric analysis of vacation behaviour
构建了一个微观计量模型，同时解释是否度假、目的地选择和支出水平，基于荷兰家庭数据发现国内与国外度假的收入弹性差异显著，且拥有耐用消费品对目的地选择影响大。
Abstract We present a micro‐econometric limited dependent variable model, which simultaneously explains the decision whether to go on vacation or not, the choice of destination and the decision on the level of the vacation expenditures. The model has been estimated on the basis of a cross‐section of Dutch households; we find a striking difference in income elasticity between domestic vacations and vacations abroad, and a large impact of owning certain durables (such as a boat) on the choice of destination. To illustrate the potential of the model, some simulations are performed.