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China is currently expecting a growth in inbound travel demand as the result of China's “open door policy,” participation in World Trade Organization (WTO), success in hosting the Olympics in Beijing in the year 2008 and political stability. This paper focused on two issues: (1) forecasting...
Persistent link: https://www.econbiz.de/10009478062
Within the multiplicative seasonal ARIMA modeling context, there are two forecasting models, RIMA14 and ARIMA1. ARIMA14 is used for modeling stochastic nonstationary seasonality and requires first and fourth differences to achieve stationarity. ARIMA1 considers the series only in first...
Persistent link: https://www.econbiz.de/10009478083