Chokethaworn, Kanchana; Wiboonponse, Aree; … - In: Annals of the University of Petrosani, Economics 10 (2010) 2, pp. 85-98
Forecasting is an essential analytical tool for tourism policy and planning. 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...