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Correcting for endogeneity in hospitality and tourism research

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published
<mark>Journal publication date</mark>15/07/2020
<mark>Journal</mark>International Journal of Contemporary Hospitality Management
Issue number8
Volume32
Number of pages19
Pages (from-to)2657-2675
Publication StatusPublished
Early online date15/07/20
<mark>Original language</mark>English

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.

Bibliographic note

This article is (c) Emerald Group Publishing and permission has been granted for this version to appear here. Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Group Publishing Limited.