Abstract
ABSTRACT This study conducts an empirical analysis to examine the impact of payment methods on spending patterns and product preferences using micro-survey data on Chinese citizens’ overseas tourism expenditures. A sample selection model was constructed to address the potential bias arising from the non-randomly selected samples used for estimation. Our findings suggest that payment methods significantly affect the amount on Chinese citizens on overseas tourism. And these impacts vary across different age and gender groups. Payment methods also significantly influence the product preferences of Chinese citizens’ overseas tourism consumption. Moreover, it is also found that shopping venues significantly affect Chinese citizens’ spending on overseas tourism.
Published Version
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