Search
Now showing items 1-2 of 2
Dynamic analysis of British demand for tourism abroad
(2000)
This paper investigates how preference endogeneity, in the form of habit persistence, can affect short-run and long-run tourism expenditure decisions. The proposed model is applied to British quarterly data over the period ...
Demographic versus expenditure flexibility in Engel curves
(2008)
We consider the effects of demographic and expenditure variables on consumer demand in a system of Engel curves using a smooth coefficient semiparametric model where the expenditure effects on the budget shares vary ...