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Does happiness drive tourism decisions?

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Does happiness drive tourism decisions?

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dc.contributor.author Paniagua Soriano, Jordi
dc.contributor.author Peiró Palomino, Jesús
dc.contributor.author Santana Gallego, María
dc.date.accessioned 2023-06-21T11:24:55Z
dc.date.available 2023-06-22T04:45:06Z
dc.date.issued 2022 es_ES
dc.identifier.citation Jordi Paniagua, Jesús Peiró-Palomino, María Santana-Gallego, Does happiness drive tourism decisions?, Economic Modelling, Volume 111, 2022, 105824. es_ES
dc.identifier.uri https://hdl.handle.net/10550/88414
dc.description.abstract This research examines the role that happiness plays in affecting tourism flows. While most previous studies are country-specific, our analysis is performed with panel data on 142 countries from 2005 to 2019. This allows us to implement a structural gravity model that includes both domestic and international tourism flows, which is a novel approach in this branch of the literature. Our empirical strategy enables us to correctly identify happiness when multilateral resistance terms are included. The results show that happiness at a destination is a significant tourist attractor, although the link follows an inverted U-shaped pattern. This suggests that tourists associate happiness with the quality of life at a destination but after a threshold, it becomes less important. Moreover, when cultural distance is greater, the effect of happiness on tourism arrivals is smaller. Therefore, tourists can better interpret happiness when origin and destination cultures are similar. es_ES
dc.language.iso en es_ES
dc.publisher Elsevier es_ES
dc.title Does happiness drive tourism decisions? es_ES
dc.type journal article es_ES
dc.subject.unesco UNESCO::CIENCIAS ECONÓMICAS es_ES
dc.identifier.doi 10.1016/j.econmod.2022.105824 es_ES
dc.accrualmethod S es_ES
dc.embargo.terms 0 days es_ES
dc.type.hasVersion VoR es_ES
dc.rights.accessRights open access es_ES

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