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Tourist demand is subject to considerable variations, a fact which aggravates the development of forecast models of sufficiently adequate accuracy. This study develops models that permit including most if not all factors of influence. To this end, due consideration was given to calendar effects...
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This study evaluates the forecasting accuracy of five alternative econometric models in the context of predicting the quarterly international tourism demand in 25 countries or country groupings. Tourism demand is measured in terms of tourist expenditure by inbound international visitors in a...
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