University of Surrey

Test tubes in the lab Research in the ATI Dance Research

Recent developments in econometric modeling and forecasting

Li, G, Song, H and Witt, SF (2005) Recent developments in econometric modeling and forecasting Journal of Travel Research, 44 (1). 82 - 99. ISSN 0047-2875

[img]
Preview
PDF
fulltext.pdf

Download (319Kb)

Abstract

Eighty-four post-1990 empirical studies of international tourism demand modeling and forecasting using econometric approaches are reviewed. New developments are identified and it is shown that applications of advanced econometric methods improve the understanding of international tourism demand. An examination of the 22 studies which compare forecasting performance suggests that no single forecasting method can outperform the alternatives in all cases. However, the time-varying parameter (TVP) model and structural time series model with causal variables perform consistently well.

Item Type: Article
Divisions: Faculty of Business, Economics and Law > Hospitality and Tourism Management
Depositing User: Mr Adam Field
Date Deposited: 27 May 2010 14:37
Last Modified: 23 Sep 2013 18:31
URI: http://epubs.surrey.ac.uk/id/eprint/1119

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year


Information about this web site

© The University of Surrey, Guildford, Surrey, GU2 7XH, United Kingdom.
+44 (0)1483 300800