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This study examines two alternate methods, a vector autoregression error correction model and a state space model, to forecast revised United States trade balance figures. Both these methods incorporate preliminary and revised trade data. The results obtained from these methods were compared to...
Persistent link: https://www.econbiz.de/10009228071
This article examines the impact of Confucius Institutes on inbound travel to China. We estimate a panel gravity model of inbound tourism flows to China between 2004 and 2010. We use a Poisson pseudo-maximum likelihood estimator to control for heteroscedasticity endemic in gravity models (Santos...
Persistent link: https://www.econbiz.de/10010760680