Correcting for endogeneity in hospitality and tourism research
International Journal of Contemporary Hospitality Management
ISSN: 0959-6119
Article publication date: 13 July 2020
Issue publication date: 4 August 2020
Abstract
Purpose
This paper aims to foster a new discussion on endogeneity in hospitality and tourism research.
Design/methodology/approach
This paper elaborates on some of the common sources of endogeneity and the methods available to address them.
Findings
The authors present a variety of methods that can be used to mitigate the endogeneity problem. The authors provide simulation evidence regarding the risk of incorrectly selecting instrumental variables. The authors also provide several important practical recommendations for future research.
Research limitations/implications
There are other issues and methods of correcting for endogeneity, that is not covered in this paper. However, the paper focuses on issues and methods that can be generalized to most contexts.
Originality/value
The paper provides practical recommendations for more rigorous regression estimation.
Keywords
Citation
Assaf, A.G. and Tsionas, M. (2020), "Correcting for endogeneity in hospitality and tourism research", International Journal of Contemporary Hospitality Management, Vol. 32 No. 8, pp. 2657-2675. https://doi.org/10.1108/IJCHM-02-2020-0153
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited