PARTICIPATION DECISION IN TOURISM DEMAND: THE SPANISH CASE.

The main purpose of this paper is to study the determinants of the decision of participation in tourism demand. We consider three different levels of participation. First, the decision of have ever participated; second, the decision of participation either taking holidays in their own country or abroad, within a period of a year; and third, the decision of participation travelling abroad within a period of a year. Previously to proceed with the analysis we predict income of some missing observations of the sample. For this purpose we consider sample selection bias and double censored regression with grouped data. Finally, we model the participation decisions with the traditional binary choice approach