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Tekijä: | Shen, S. Li, G. Song, H. |
Otsikko: | Combination forecasts of international tourism demand |
Lehti: | Annals of Tourism Research
2011 : VOL. 38:1, p. 72-89 |
Asiasana: | forecasting international tourism demand forecasting methodology models |
Kieli: | eng |
Tiivistelmä: | This paper investigates the performance of combination methods in the context of international tourism demand forecasting. The individual forecasts are generated from five econometric models and two time-series models. The results suggest that combination forecasts outperform the best individual forecasts. In addition, more sophisticated such combination methods, which take historical performance of individual forecasts into account, perform better than the simple average technique. |
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