Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Forecasting tourism demand; Some methodological issues
Abstract This paper investigates methodological issues in forecasting tourism demand. We demonstrate that the employment of extended Box-Cox autoregressive tests for functional form and ridge regression to control for substantial and changing patterns of collinearity among the explanatory variables substantially increases forecast precision relative to extensively used OLS techniques.
Forecasting tourism demand; Some methodological issues
Abstract This paper investigates methodological issues in forecasting tourism demand. We demonstrate that the employment of extended Box-Cox autoregressive tests for functional form and ridge regression to control for substantial and changing patterns of collinearity among the explanatory variables substantially increases forecast precision relative to extensively used OLS techniques.
Forecasting tourism demand; Some methodological issues
Fujii, Edwin T. (Autor:in) / Mak, James (Autor:in)
1981
Aufsatz (Zeitschrift)
Englisch
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