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Tourism demand is the foundation on which all tourism-related business decisions ultimately rest. This book introduces students, researchers and practitioners to the modern developments in advanced econometric methodology within the context of tourism demand analysis and illustrates these developments with actual tourism applications.
Book Synopsis The Advanced Econometrics of Tourism Demand by : Haiyan Song
Download or read book The Advanced Econometrics of Tourism Demand written by Haiyan Song and published by Routledge. This book was released on 2008-12-09 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism demand is the foundation on which all tourism-related business decisions ultimately rest. This book introduces students, researchers and practitioners to the modern developments in advanced econometric methodology within the context of tourism demand analysis and illustrates these developments with actual tourism applications.
Book Synopsis The Advanced Econometrics of Tourism Demand by : H. Song
Download or read book The Advanced Econometrics of Tourism Demand written by H. Song and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Advanced Econometrics of Tourism Demand by :
Download or read book The Advanced Econometrics of Tourism Demand written by and published by . This book was released on 2018 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Tourism demand is the foundation on which all tourism-related business decisions ultimately rest. Governments and companies such as airlines, tour operators, hotels, cruise ship lines, and recreation facility providers are interested in the demand for their products by tourists. The success of many businesses depends largely or totally on the state
Book Synopsis The Advanced Econometrics of Tourism Demand by : Haiyan Song
Download or read book The Advanced Econometrics of Tourism Demand written by Haiyan Song and published by Routledge. This book was released on 2008-12-09 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tourism demand is the foundation on which all tourism-related business decisions ultimately rest. Governments and companies such as airlines, tour operators, hotels, cruise ship lines, and recreation facility providers are interested in the demand for their products by tourists. The success of many businesses depends largely or totally on the state
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.
Book Synopsis Econometric Modelling and Forecasting of Tourism Demand by : Doris Chenguang Wu
Download or read book Econometric Modelling and Forecasting of Tourism Demand written by Doris Chenguang Wu and published by Taylor & Francis. This book was released on 2022-10-27 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
The phenomenal growth of both the world-wide tourism industry and academic interest in tourism over the last thirty years has generated great interest in tourism demand modelling and forecasting from both sectors. However, the tendency for researchers and practitioners engaged in quantitative causal tourism modelling and forecasting to run many regression equations and try to choose the 'best' model based on various parametric and non-parametric criteria has been widely criticised as failing to provide credible results. The aim of this book is to present the recent advances in econometric modelling methodology within the context of tourism demand analysis at a level that is accessible to non-specialists, and to illustrate these new developments with actual tourism applications. The book begins with an introduction to the fundamentals of tourism demand analysis, before addressing the problems of traditional tourism demand modelling and forecasting, i.e. data mining and spurious regression due to common trends in the time series. Three chapters explore the general-to-specific approach to tourism demand modelling and forecasting, including the use of autoregressive distributed lag processes, cointegration analysis and error correction models. The time varying parameter model together with the use of the Kalman filter as an estimation method is a useful tool for examining the effects of regime shifts on tourism demand elasticities: this is explored next. The panel data approach is introduced as a way of overcoming the problem of estimation and forecasting biases caused by insufficient time series data. The book concludes by evaluating the empirical forecasting performance of the various models and putting forward some general conclusions.
Book Synopsis Tourism Demand Modelling and Forecasting by : Haiyan Song
Download or read book Tourism Demand Modelling and Forecasting written by Haiyan Song and published by Routledge. This book was released on 2012-08-21 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The phenomenal growth of both the world-wide tourism industry and academic interest in tourism over the last thirty years has generated great interest in tourism demand modelling and forecasting from both sectors. However, the tendency for researchers and practitioners engaged in quantitative causal tourism modelling and forecasting to run many regression equations and try to choose the 'best' model based on various parametric and non-parametric criteria has been widely criticised as failing to provide credible results. The aim of this book is to present the recent advances in econometric modelling methodology within the context of tourism demand analysis at a level that is accessible to non-specialists, and to illustrate these new developments with actual tourism applications. The book begins with an introduction to the fundamentals of tourism demand analysis, before addressing the problems of traditional tourism demand modelling and forecasting, i.e. data mining and spurious regression due to common trends in the time series. Three chapters explore the general-to-specific approach to tourism demand modelling and forecasting, including the use of autoregressive distributed lag processes, cointegration analysis and error correction models. The time varying parameter model together with the use of the Kalman filter as an estimation method is a useful tool for examining the effects of regime shifts on tourism demand elasticities: this is explored next. The panel data approach is introduced as a way of overcoming the problem of estimation and forecasting biases caused by insufficient time series data. The book concludes by evaluating the empirical forecasting performance of the various models and putting forward some general conclusions.
This Advanced Introduction is an accessible and critical review of the economic foundations of tourism. Taking a regional approach based in macro- and resource economics, David Marcouiller points to how the competitive aspect of tourism can be transformative to regional activity. Offering insight into the decision-making process among both private and public stakeholders, this book makes clear the increasing necessity of using sound planning principles and practice to shape tourism consumption and production.
Book Synopsis Advanced Introduction to Tourism Economics by : David W. Marcouiller
Download or read book Advanced Introduction to Tourism Economics written by David W. Marcouiller and published by Edward Elgar Publishing. This book was released on 2023-10-06 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Advanced Introduction is an accessible and critical review of the economic foundations of tourism. Taking a regional approach based in macro- and resource economics, David Marcouiller points to how the competitive aspect of tourism can be transformative to regional activity. Offering insight into the decision-making process among both private and public stakeholders, this book makes clear the increasing necessity of using sound planning principles and practice to shape tourism consumption and production.
This is a study pertaining to the determinants of demand for small island destinations that attract international tourism. The study specifies a dynamic econometric model that reflects causal links between variables that activate short and long-term responses. The study developed a set of linear and double-log linear econometric models to identify and to quantify Aruba s international tourism demand from the United States, the Netherlands, and Venezuela. The inclusion of Venezuela as a developing country permitted the comparison between the behavior of tourism demand in relatively rich and poor countries. Understanding the demand dynamics of tourism can be an extremely valuable policymaking tool in countries with limited resources. The results of the study indicate the extent to which cross country behavior for tourism demand differs with respect to changes in effective prices and exchange rates. Such an enhanced understanding of the dynamics of demand should aid both policymakers and private sector managers in making more effective decisions regarding the supply and consumption of tourism services in small island destinations.
Book Synopsis Anatomy of Demand in International Tourism by : Robertico Croes
Download or read book Anatomy of Demand in International Tourism written by Robertico Croes and published by LAP Lambert Academic Publishing. This book was released on 2010-06 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a study pertaining to the determinants of demand for small island destinations that attract international tourism. The study specifies a dynamic econometric model that reflects causal links between variables that activate short and long-term responses. The study developed a set of linear and double-log linear econometric models to identify and to quantify Aruba s international tourism demand from the United States, the Netherlands, and Venezuela. The inclusion of Venezuela as a developing country permitted the comparison between the behavior of tourism demand in relatively rich and poor countries. Understanding the demand dynamics of tourism can be an extremely valuable policymaking tool in countries with limited resources. The results of the study indicate the extent to which cross country behavior for tourism demand differs with respect to changes in effective prices and exchange rates. Such an enhanced understanding of the dynamics of demand should aid both policymakers and private sector managers in making more effective decisions regarding the supply and consumption of tourism services in small island destinations.
Book Synopsis An Econometric Analysis of International Tourism Demand by : Christine M. L. Lim
Download or read book An Econometric Analysis of International Tourism Demand written by Christine M. L. Lim and published by . This book was released on 1999 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt:
We have been witnessing huge competition among the organisations in the business world. Companies, NGO's and governments are looking for innovative ways to compete in the global tourism market. In the classical literature of business the main purpose is to make a profit. However, if purpose only focus on the profit it will not to be easy for them to achieve. Nowadays, it is more important for organisations to discover how to create a strong strategy in order to be more competitive in the marketplace. Increasingly, organisations have been using innovative approaches to strengthen their position. Innovative working enables organisations to make their position much more competitive and being much more value-orientated in the global tourism industry. In this book, we are pleased to present many papers from all over the world that discuss the impact of tourism business strategies from innovative perspectives. This book also will help practitioners and academician to extend their vision in the light of scientific approaches.
Book Synopsis Visions for Global Tourism Industry by : Murat Kasimoglu
Download or read book Visions for Global Tourism Industry written by Murat Kasimoglu and published by BoD – Books on Demand. This book was released on 2012-04-18 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have been witnessing huge competition among the organisations in the business world. Companies, NGO's and governments are looking for innovative ways to compete in the global tourism market. In the classical literature of business the main purpose is to make a profit. However, if purpose only focus on the profit it will not to be easy for them to achieve. Nowadays, it is more important for organisations to discover how to create a strong strategy in order to be more competitive in the marketplace. Increasingly, organisations have been using innovative approaches to strengthen their position. Innovative working enables organisations to make their position much more competitive and being much more value-orientated in the global tourism industry. In this book, we are pleased to present many papers from all over the world that discuss the impact of tourism business strategies from innovative perspectives. This book also will help practitioners and academician to extend their vision in the light of scientific approaches.
