Analysis of demand for tourist services in Italy: statistical estimate and test of the Rotterdam differential model

A. Gardini
The behaviour of the tourist consumer is analysed on the basis of statistical data concerning holiday spending gathered from the ISTAT studies of family consumer spending in italy and estimating the parameters of the Rotterdam model of demand analysis with special reference to tourist spending. The estimation and specification problems are analysed making particular reference to seasonal factors which, in this sector, ae of singular importance. The results demonstrate the relevance of the effect of...