
Econometric Modelling and Forecasting of Tourism Demand
Methods and Applications
- 310 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Econometric Modelling and Forecasting of Tourism Demand
Methods and Applications
About this book
This insightful and timely volume provides a succinct, expert-led introduction to the latest developments in advanced econometric methodologies in the context of tourism demand modelling and forecasting.
Written by a plethora of worldwide experts on this topic, this book offers a comprehensive approach to tourism econometrics. Accurate demand forecasts are crucial to decision-making in the tourism industry and this book provides real-life tourism applications and the corresponding R code alongside theoretical foundations, in order to enhance understanding and practice amongst its readers. The methodologies introduced include general to specific modelling, cointegration, vector autoregression, time-varying parameter modelling, spatiotemporal econometric models, mixed-frequency forecasting, hybrid forecasting models, forecasting combination techniques, density forecasting, judgemental forecasting, scenario forecasting under crisis, and web-based tourism forecasting.
Embellished with insightful figures and tables throughout, this book is an invaluable resource for those using advanced econometric methodologies in their studies and research, including both undergraduate and postgraduate students, researchers, and practitioners.
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Information
Table of contents
- Cover
- Half Title Page
- Title Page
- Copyright Page
- Table of Contents
- List of figures
- List of tables
- List of contributors
- Preface
- 1 Overview of econometric tourism demand modelling and forecasting
- 2 Theoretical foundations, key concepts, and data description
- 3 The autoregressive distributed lag model
- 4 The time-varying parameter model
- 5 Vector autoregressive models
- 6 Spatiotemporal econometric models
- 7 Mixed-frequency models
- 8 Hybrid forecasting models
- 9 Density forecasting
- 10 Forecast combinations
- 11 Judgemental forecasting
- 12 Scenario forecasting during crises
- 13 A web-based tourism forecasting system
- Epilogue
- Index