INTERNATIONAL TOURIST ARRIVALS IN THAILAND: FORECASTING WITH ARFIMA-FIGARCH APPROACH

INTERNATIONAL TOURIST ARRIVALS IN THAILAND: FORECASTING WITH ARFIMA-FIGARCH APPROACH

Forecasting is an essential analytical tool for tourism policy andplanning. This paper focuses on forecasting methods based on ARFIMA(p,d,q)-FIGARCH(p,d,q). Secondary data was used to produce forecasts of the number of international touristarrivals to Thailand for the period of 2009-2010. Research r...

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Main Authors: KANCHANA CHOKETHAWORN, THANES SRIWICHAILAMPHAN, SONGSAK SRIBOONCHITTA, CHUKIAT CHAIBOONSRI, JITTAPORN SRIBOONJIT, PRASERT CHAITIP
Format: Article
Language:English
Published: University of Petrosani 2010-01-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Thailand
ARFIMA-FIGARCH method
International Tourists
Online Access:http://www.upet.ro/anale/economie/pdf/20100208.pdf
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