Demand Modelling Methodologies: Integration and other Issues

Clive Morley
Additional contact information
Clive Morley: School of Management, RMIT University, GPO Box 2576V, Melbourne, Victoria 3001, Australia

Tourism Economics, 2000, vol. 6, issue 1, 5-19

Abstract: The exponential growth in tourist numbers motivates serious analysis of this phenomenon. The econometric methods commonly used do not take this central feature of demand seriously in the form and estimating of tourism demand models. Cointegration analysis has been used in recognition of the problem as a technical estimation issue. But this is unsatisfactory, due to both technical methodological concerns with the use of cointegration analysis and because it overcomes the growth issue rather than incorporating it into the model. A model form which does incorporate growth is proposed. Other, newer methods – neural networks and structural equations modelling – are sometimes applied, but these too are not unproblematic.

Date: 2000
References: Add references at CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://journals.sagepub.com/doi/10.5367/000000000101297442 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:6:y:2000:i:1:p:5-19

DOI: 10.5367/000000000101297442

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().