Combination Forecasts of International Tourism Demand

  title={Combination Forecasts of International Tourism Demand},
  author={Shujie Shen},
This study investigates the performance of combination forecasts in the context of international tourism demand. Five econometric and two time-series models are employed to generate individual forecasts. Six combination methods are then employed, and their forecasting performance evaluated, using data on UK outbound tourism demand in seven destination countries. The results suggest that combination forecasts, in general, outperform the best individual forecasts. More sophisticated such… CONTINUE READING
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