Naslov
Demand Modeling of German Tourists in Croatia : a Time-varying parameter approach

Autori
Šergo, Zdravko ; Poropat, Amorino ; Ružić, Pavlo

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Vliv cestovniho ruchu na mistni rozvo : Cestovni ruch, regionalni rozvoj a školstvi : proceedings / Šittler, Eduard - Česke Budejovice : Jihočeská univerzita, Ekonomická fakulta, 2008, 268-277

ISBN
978-80-7040-969-5

Skup
Vliv cestovniho ruchu na mistni rozvo : Cestovni ruch, regionalni rozvoj a školstvi

Mjesto i datum
Tábor, Češka Republika, 19.04.2007. - 20.04.2007

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
tourism demand; demand elasticity; time-varying parameter; Kalman filter; Croatia; Germany

Sažetak
Traditional tourism demand analysis uses OLS or ML methods to estimate demand models, assuming that the parameters of the models remain constant over the sample period. This assumption is too restrictive, as it does not allow for behavioral changes of tourists over time. This paper proposes a new methodology— the time-varying parameter (TVP) approaches to tourism demand modeling. This method relaxes the assumption of parameter constancy, and the behavioral change of tourists over time is traced using a statistical estimator known as a Kalman filter. The appropriateness of the TVP approach to tourism demand modeling is then tested based on a data set of the demand for Croatia tourism by residents from Germany.

Izvorni jezik
Engleski

Znanstvena područja
Arhitektura i urbanizam, Ekonomija

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