Forecasting International Tourism Demand-an Empirical Case in Taiwan

  title={Forecasting International Tourism Demand-an Empirical Case in Taiwan},
  author={Thanh-Lam Nguyen and Ming-Hung Shu and Bi-Min Hsu},
Tourism, one of the biggest industries in many countries, has been considered a complexly integrated and self-contained economic activity.As key determinants of thetourism demand are not fully identified to some extent different forecasting models vary in thelevel of accuracy. By comparing the performance of diverse forecasting models,including the linear regression, autoregressive integrated moving average (ARIMA), Grey model, and their joint Fourier modified models, this paper aims at… CONTINUE READING


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