Analyzing the Influence of Transportations on Chinese Inbound Tourism: Markov Switching Penalized Regression Approaches

Analyzing the Influence of Transportations on Chinese Inbound Tourism: Markov Switching Penalized Regression Approaches

This study investigates the nonlinear impact of various modes of transportation (air, road, railway, and maritime) on the number of foreign visitors to China originating from major source countries. Our nonlinear tourism demand equations are determined through the Markov-switching regression (MSR) m...

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Bibliographic Details
Main Authors: Woraphon Yamaka, Xuefeng Zhang, Paravee Maneejuk
Format: Article
Language:English
Published: MDPI AG 2021-03-01
Series:Mathematics
Subjects:
transportation modes
tourism demand
markov switching model
ridge and lasso estimation
China
Online Access:https://www.mdpi.com/2227-7390/9/5/515

Internet

https://www.mdpi.com/2227-7390/9/5/515

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