.png){kind=icon}
Return
Tourism Demand Forecasting With Multiple Mixed-Frequency Data: A Reverse Mixed-Data Sampling Method
.png){kind=icon}
OA
AI
DOI：10.1177/00472875231203397.png)
.png){kind=icon}
Original request for help.png){kind=icon}
Share.png){kind=icon}
Save
Abstract
En 中文
Due to the limitations of existing tourism demand forecasting models, data with frequencies lower than those of the tourism demand need to be processed in advance and cannot be directly used in a model, which leads to the loss of timeliness and accuracy in tourism demand forecasting. Taking the inbound tourism of the United States prior to and during the COVID-19 pandemic as an example, this study systematically examines the impact of data frequency processing on tourism demand modeling and forecasting, through the construction and comparison of three categories of models, with a particular focus on the first developed multiple mixed-frequency specification of reverse mixed-data sampling (RMIDAS) model. The results confirm the positive effect of multiple mixed-frequency models, which can directly use various original data frequencies, in improving the accuracy of tourism demand forecasting. This study also provides important guidance for future research on high-frequency tourism variables forecasting.
Keywords:
tourism demand forecasting
reverse mixed-data sampling model
multiple mixed-frequency
frequency processing
Journal
IF:
7
Papers:
1.6K
Citations:
1.4W
Organization
View more organizations
Cited Papers
ShareSaveShareSaveAre low frequency macroeconomic variables important for high frequency electricity prices?.png)
ECONOMIC MODELLING
OAAI
ECONOMIC MODELLINGIF4.7
OAAIShareSaveShareSaveTourism forecasting: A review of methodological developments over the last decadeTOURISM ECONOMICS
TOURISM ECONOMICSIF3.2
PREAI
ShareSave View more