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In this paper we explore the hierarchical nature of tourism demand time series and produce short-term forecasts for Australian domestic tourism. The data and forecasts are organized in a hierarchy based on disaggregating the data for different geographical regions and for different purposes of...
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In this paper, we model and forecast Australian domestic tourism demand. We use a regression framework to estimate important economic relationships for domestic tourism demand. We also identify the impact of world events such as the 2000 Sydney Olympics and the 2002 Bali bombings on Australian...
Persistent link: https://www.econbiz.de/10005149064
This study uses a system-of-equations approach to model the substitution relationship between Australian domestic and outbound tourism demand. A new price variable based on relative ratios of purchasing power parity index is developed for the substitution analysis. Short-run demand elasticities...
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A website that encourages and facilitates the use of quantitative, publicly available Australian macroeconomic data is introduced. The Australian Macro Database hosted at ausmacrodata provides a user friendly front end for searching among over 40000 economic variables, sourced from the...
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This study aims to identify and examine the potential economic factors that determining the ‘net errors & omissions’ (EO) in balance of payment accounts. Two structural specifications are derived from the balance of payments (BoP) constraint, and open economy macro equilibrium...
Persistent link: https://www.econbiz.de/10011141099