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The Participation Decisions of Household Entertainment and Cultural Expenditures in Turkey

Journal: Business and Economics Research Journal (BERJ) (Vol.9, No. 1)

Publication Date:

Authors : ;

Page : 15-24

Keywords : Entertainment Expenditure; Cultural Expenditure; Household; Box-Cox; Double Hurdle; Turkey;

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The purpose of this research is to examine the determinants of household participation in entertainment and cultural activities in Turkey. Data used are obtained from Household Consumption Expenditure Survey of 2009, produced by Turkish Statistical Institute (TurkStat). Box-Cox double-hurdle model adjusted heteroscedasticity was used to estimate the effects of socio-demographic and economic variables on household entertainment and culture expenditure in Turkey. According to the results, socio-economic and demographic variables are found to affect the purchasing decision and the amount demanded by households in entertainment and culture activities in Turkey. However, it has been determined that income (total household expenditure) is the most important determinant of household entertainment and cultural expenditure in Turkey. In this case, it may be advisable to prioritize policy to increase income in order to increase the expenditure of household entertainment and culture in Turkey.

Last modified: 2018-02-25 04:46:24