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Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
<mark>Journal publication date</mark> | 15/07/2020 |
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<mark>Journal</mark> | International Journal of Contemporary Hospitality Management |
Issue number | 8 |
Volume | 32 |
Number of pages | 19 |
Pages (from-to) | 2657-2675 |
Publication Status | Published |
Early online date | 15/07/20 |
<mark>Original language</mark> | English |
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.