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Factor Analysis of Determinants of Internet Booking Use by Europeans (CROSBI ID 636990)

Prilog sa skupa u časopisu | izvorni znanstveni rad | međunarodna recenzija

Dumičić, Ksenija ; Žmuk, Berislav ; Čeh Časni, Anita Factor Analysis of Determinants of Internet Booking Use by Europeans // International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering. 2016. str. 2470-2478

Podaci o odgovornosti

Dumičić, Ksenija ; Žmuk, Berislav ; Čeh Časni, Anita

engleski

Factor Analysis of Determinants of Internet Booking Use by Europeans

In this paper the impact of the economic development level indicators and the selected Information Technology and Communication (ICT) development level indicators on “the percentage of individuals using Internet booking for travel and holiday accommodation in the last 12 months” in selected European countries is studied. For this purpose the Eurostat data for 2013 were analyzed for 28 European Union (EU) countries and five official EU candidate countries. After detailed data exploration, one serious outlier for Luxembourg GDP per capita should be removed, and therefore the data set was reduced to 32 countries. The non-hierarchical K-means clustering based on the Euclidean distances with predefined four clusters was applied, with the purpose of recognizing which countries would gather regarding the included variables. Special focus is given to the Western Balkan countries, the FYR of Macedonia, Serbia and Croatia. The analysis continues with multiple linear regression model building. The percentage of individuals who booked travel and holiday accommodation over the Internet in the last 12 months was regressed on two regressors, given as two factors, which were extracted using the principal component analysis. The first factor includes the GDP per capita in PPS, the share of GDP given for education and the Internet penetration rate, and it is considered to be an economic factor. The second factor comprises of the Internet skills indicator. Both recognized factors are significantly connected with the dependent variable.

Internet booking for travel and holiday accommodation ; European countries ; principal component analysis ; regression diagnostics

Ovaj rad je u potpunosti podržan od strane Hrvatske zaklade za znanost kao dio znanstvenog projekta „Statistical Modelling for Response to Crisis and Economic Growth in Western Balkan Countries“ (STRENGTHS) ; Broj projekta: 9HRZZ-IP-2013-11-9402, Voditeljica: prof. dr. sc. Ksenija Dumičić. E-issn: 2010- 3778.

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Podaci o prilogu

2470-2478.

2016.

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objavljeno

Podaci o matičnoj publikaciji

International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering

London : Delhi: World Academy of Science, Engineering and Technology (WASET)

2010-376X

Podaci o skupu

ICMEFB 2016: 18th International Conference on Management, Economics, Finance and Business

predavanje

23.06.2016-24.06.2016

London, Ujedinjeno Kraljevstvo

Povezanost rada

Ekonomija