주5일 근무제가 관광수요에 미치는 영향

The Effects of Five-day Workweek on Tourism Demand: An Application of Count Data Model

This paper investigates the effects of five-day workweek and other forms of workweek on tourism demand using a class of maximum-likelihood regression estimators for count data. Estimators for the Poisson and modified Poisson models are illustrated. The analysis suggests that the zero inflated Poisson model(ZIP) is the most satisfactory of all those considered. On the basis of the results from ZIP, the five-day workweek variable may lead to a 14.0% increase in tourism demand, comparing to those working under six-day workweek. The effect of five-day workweek every two weeks on tourism demand is statistically null comparing to the counter part, while the demand of those not associated with this system decreases by 13.4%. The model was used to yield a total of 31.8 million visits as a net increase of tourism demand stemming from the five-day workweek.