This paper employs count data models to estimate the determinants of length of stay, as count models overcome censoring and truncation data issues associated with the positive integer nature of length of stay. Length of stay is critical to study consumption of local resources. This paper employs a rich micro dataset on tourists departing the Azores, a group of small Portuguese islands, widely perceived as a tou...
Copyright © 2011 Cognizant Comm. Corp. ; Length of stay is one of the most important decisions made by tourists as it conditions their overall expenditure and stress caused on local resources. This article estimates survival analysis models to learn the determinants of length of stay as survival analysis naturally lends itself to study the time elapsed between arrival and departure. It is found that sociodemog...
We analyze consumer preferences for airline services attributes between Ponta Delgada and Lisbon. For this purpose, we conduct a stated preferences choice game and estimate a microeconometric model à la McFadden (1974). Our results are statistically significant and imply willingness to pay measures economically high for attributes such as punctuality warranties and comfort. We interpret these results at the lig...
The effects of interactions between private transfer behavior and income redistribution policies depend on the motives underlying private income transfers. This paper tests for two different potential motives: pure altruism versus simple exchange, in the presence of capital market imperfections. Using household survey data for Bulgaria, microeconometric evidence is found that both motives are in effect. We also...
Applied general equilibrium models have become popular tools used on ongoing economic policy debates. In this paper we discuss at length the most proeminent features of applied general equilibrium models in a comprehensive and non-technical way, thus accessible to the reader interested in economic policy but with no prior formal exposure to economic modeling. We rationalize the increasing political demand for s...
Este estudo estima um modelo de fronteira estocástica à la Battese e Coelli (1992, 1995) para explicar a função custo variável de um conjunto de 51 hospitais Portugueses para o período 1997-2004. Os resultados obtidos têm forte valor estatístico e interessante significado económico. Entre os diversos resultados inovadores do estudo, de referir que os hospitais SA/EPE e os hospitais com sistemas de gestão de qua...
Length of stay is one of the most important decisions made by tourists as it conditions their overall expenditure and stress caused on local resources. This paper estimates survival analysis models to learn the determinants of length of stay as survival analysis naturally lends itself to study the time elapsed between arrival and departure at a destination. It is found that individual sociodemographic profiles,...
Este trabalho analisa as preferências dos consumidores do serviço de transporte aéreo entre São Miguel e Terceira: o mais importante corredor aéreo nos Açores. Dada a forte regulação histórica e actual que caracteriza este serviço, não há dados do tipo preferências reveladas. Contudo, o conhecimento das preferências dos consumidores é incontornável na implementação de políticas que promovam o bem-estar social. ...
This paper examines to what extent low pay jobs can be considered of low quality. For this purpose, we use three waves (1997-1999) of the European Community Household Panel (ECHP) for Portugal. The results indicate that low pay workers report a lower level of job satisfaction when compared with their higher paid counterparts. Moreover, some of the determinants of job satisfaction differ between these two types ...
We present micro econometric evidence on the determinants of the probability that beneficiaries of the Minimum Guaranteed Income (MGI) participate in market production or in home production. We use a micro data set which covers all the beneficiaries of the MGI, up to 2001, for the Portuguese Region with the highest incidence of this program, namely, the Azores. We find striking diferences between women’s and me...
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