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

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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Bibliographic Details
Main Authors: KANCHANA CHOKETHAWORN, AREE WIBOONPONSE, SONGSAK SRIBOONCHITTA, JITTAPORN SRIBOONJIT, CHUKIAT CHAIBOONSRI, PRASERT CHAITIP
Format: Article
Language:English
Published: University of Petrosani 2010-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Thailand
ARFIMA-FIGARCH method
International Tourists’ Expenditure
Online Access:http://www.upet.ro/anale/economie/pdf/20100209.pdf

Internet

http://www.upet.ro/anale/economie/pdf/20100209.pdf

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