FORECASTING INTERNATIONAL TOURISM DEMAND FOR ECUADOR

Authors

  • Jesser Roberto Paladines Amaiquema Department of Economics, Faculty of Business Studies, Universidad Técnica de Machala, Ecuador
  • Lourdes Amaiquema Illesca Department of Tourism, Faculty of Business Studies, Universidad Técnica de Machala, Ecuador

DOI:

https://doi.org/10.29121/granthaalayah.v5.i8.2017.2177

Keywords:

Box-Jenkins, Ecuador, Tourism Demand

Abstract [English]

The international tourism demand for Ecuador was forecasted in this paper, with monthly data of foreign arrivals to Ecuador for the period 2000 to 2016. The Box-Jenkins model was applied, specifically the technique called ARIMA, in order to stablish the best fit to the foreign arrivals from the monthly period from January to June of 2017. According to results, the model was no statistically significant, residual correlations problem was found.

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Published

2017-08-31

How to Cite

Paladines Amaiquema, J. R., & Amaiquema Illesca, L. (2017). FORECASTING INTERNATIONAL TOURISM DEMAND FOR ECUADOR. International Journal of Research -GRANTHAALAYAH, 5(8), 11–17. https://doi.org/10.29121/granthaalayah.v5.i8.2017.2177