This paper introduces conditional counterfactual quantile decomposition methods to the literature on tourism consumption, where observed expenditure differentials are directly referred to differences in tourists’ targeted utility. Decomposition terms are synthesized with the neoclassical framework of utility-constrained expenditure minimization, such that their interpretations do not rely on the approximation of tourists’ preferences by typical socioeconomic expenditure determinants. Using survey data from an underrepresented sun, sea, and sand destination, we show that differences in tourists’ targeted utility prior to the trip translate exclusively into higher quantities demanded of consumption-related antecedents, as opposed to higher prices paid by high utility-targeting tourists. The paper suggests that decomposition analysis may guide profit maximization in the tourism industry.

中文翻译：

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通过目标效用对国际游客的支出差异进行建模：一种综合的理论和分位数分解方法

本文将条件反事实分位数分解方法引入旅游消费文献中，其中观察到的支出差异直接涉及游客目标效用的差异。分解项与受效用约束的支出最小化的新古典框架综合在一起，因此它们的解释不依赖于典型的社会经济支出决定因素对游客偏好的近似。使用来自代表性不足的阳光、海洋和沙滩目的地的调查数据，我们表明，游客在旅行前的目标效用差异仅转化为对与消费相关的先行项的更高需求量，而不是高效用目标支付的更高价格游客。