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| Author: | Akal, M. |
| Title: | Forecasting Turkey's tourism revenues by ARMAX model |
| Journal: | Tourism Management
2004 : OCT, VOL. 25:5, p. 565-580 |
| Index terms: | Tourism Turkey Market forecasting Econometric models |
| Language: | eng |
| Abstract: | Through this ARMAC model, the futúre international tourists arrivals are forecast for the 2002-2007 period to determine possible revenues for that same period. International tourism revenues can be explained by the current arrivals, a first-order autoregressive and a stochastic moving average filter at lag 3 for the 1963-2001 sample period. Future values of revenues are forecasted based on this model. |
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