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The advanced econometrics of tourism demand

Title
The advanced econometrics of tourism demand / Haiyan Song, Stephen F. Witt, and Gang Li.
ISBN
0203891465
9780203891469
041599120X
9780415991209
Published
New York : Routledge, 2009.
Physical Description
1 online resource (xii, 221 pages) : illustrations
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Summary
"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 of tourism demand, and ultimate management failure is quite often due to the failure to meet market demand. 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. The concepts and computations of modern advanced econometric modelling methodologies are introduced at a level that is accessible to specialists and non-specialists alike. The methodologies introduced include general-to-specific modelling, cointegration, vector autoregression, time varying parameter modelling, panel data analysis and the almost ideal demand system (AIDS). In order to help the reader understand the various methodologies, extensive tourism demand examples are provided throughout the volume."--Publisher's description
Variant and related titles
Taylor & Francis. EBA 2024-2025.
Other formats
Print version: Song, Haiyan. Advanced econometrics of tourism demand. New York : Routledge, 2009
Format
Books / Online
Language
English
Added to Catalog
August 08, 2024
Series
Routledge advances in tourism ; 13.
Routledge advances in tourism ; 13
Bibliography
Includes bibliographical references (pages 199-211) and indexes.
Contents
1. Introduction to tourism demand analysis
2. Recent develpments in tourism demand analysis
3. Traditional methodology of tourism demand modelling
4. General-to-specific modelling
5. Cointegration
6. Error correction model
7. Vector autoregression (VAR) and cointegration
8. Time varying parameter modelling
9. Panel data analysis
10. Systems of demand equations
11. Evaluation of forecasting performance.
Citation

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