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...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
University of Petrosani
2010-01-01
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Series: | Annals of the University of Petrosani: Economics |
Subjects: | |
Online Access: | http://www.upet.ro/anale/economie/pdf/20100209.pdf |