Naslov
Factor Analysis of Determinants of Internet Booking Use by Europeans

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

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
World academy of science, engineering and technology conference proceedings international science index 18 / - London : Delhi : World Academy of Science, Engineering and Technology (WASET), 2016, 2470-2478

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

Mjesto i datum
London, Ujedinjeno Kraljevstvo, 23.06.2016. - 24.06.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

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

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
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.

POVEZANOST RADA