INTERNATIONAL TOURISTS’ EXPENDITURES IN THAILAND: A MODELLING OF THE ARFIMA-FIGARCH APPROACH

Forecasting is an essential analytical tool for tourism policy andplanning. This paper focuses on forecasting methods based on ARFIMA(p,d,q)-FIGARCH(p,d,q). Secondary data was used to produce forecasts of international tourists’expenditures in Thailand for the period 2009-2010. The results of this r...

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Autori principali: KANCHANA CHOKETHAWORN, AREE WIBOONPONSE, SONGSAK SRIBOONCHITTA, JITTAPORN SRIBOONJIT, CHUKIAT CHAIBOONSRI, PRASERT CHAITIP
Natura: Articolo
Lingua:English
Pubblicazione: University of Petrosani 2010-01-01
Serie:Annals of the University of Petrosani: Economics
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Accesso online:http://www.upet.ro/anale/economie/pdf/20100209.pdf