This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the … demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly … servicing a destination, are also found to be significant determinants of tourism demand. …

. Estimates of the elasticity of substitution suggest that tourism demand is highly price sensitive, and that a variety of costs …/destinations in Latin America and the Caribbean. A model of utility maximization across labor, consumption of goods and services at … home, and consumption of tourism services across monopolistically competitive destinations abroad is presented. The model …

This Selected Issues paper for The Bahamas reports that the largest portion of tourism expenditure in The Bahamas comes … from stayover visitors, and total tourism spending has been stagnant. The Bahamas is a small open economy highly dependent … on tourism and the offshore financial sector. Private consumption expenditure in the country or countries of origin is …

show excellent forecasting performances of specified models. According to forecasting output, Montenegro can expect …

contributed to geographic spread of tourism destinations in China, and that they meet dispersed and seasonal travel demand from …This paper examines the impact of charter services on international tourism in Japan. Particularly, charter flows … between Japan and China are analyzed to examine their role in Sino-Japanese tourism. The results show that charters have …

crisis. In that manner, we implement dynamic mixed data sampling (MIDAS) regression model to forecast monthly changes in CUR …

This paper presents a MIDAS type mixed frequency VAR forecasting model. First, we propose a general and compact mixed … frequency VAR framework using a stacked vector approach. Second, we integrate the mixed frequency VAR with a MIDAS type Almon … the resulting non-linear MIDAS type mixed frequency VAR into a linear equation system that can be easily estimated. An out …

This paper presents a MIDAS type mixed frequency VAR forecasting model. First, we propose a general and compact mixed … frequency VAR framework using a stacked vector approach. Second, we integrate the mixed frequency VAR with a MIDAS type Almon … the resulting non-linear MIDAS type mixed frequency VAR into a linear equation system that can be easily estimated. A …

: bridge equations, mixed-data sampling (MIDAS), and mixed-frequency (MF) models. We discuss their performance on now- and … forecasting the quarterly growth rate of Euro area GDP and its components, using a very large set of monthly indicators taken from … models, in a pseudo real-time framework. Anticipating some of the results, MIDAS without an AR component performs worse than …