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THE CORRELATES OF VACATIONING: GREEK CYPRIOTS AND THEIR VACATIONING HABITS

Keywords: Cyprus , vacation habits , holiday behavior , econometrics , push factors

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Abstract:

In this work, the author uses econometric methods to investigate the Greek Cypriot as a holidaymaker. The author uses OLS and MLE techniques to discover whether there are any demographic patterns in terms of vacationing behavior (vacationing or not, vacationing in Cyprus or Abroad). The analysis is based upon data from a Fall 2004 survey of 1,060 Greek Cypriots who were interviewed by telephone. The findings illustrate that there is a class bias in terms of many of the vacationing behaviors explored. However, education levels of respondents also seem to play an important and independent role in conditioning vacation behavior.

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