The Theory and Practice of International Tourism Demand Modelling. The volatility inherent in tourism flows and limited data availability are crucial issues in estimating and testing tourism demand models, and providing accurate predictions of international tourism. This project analyses critically the theoretical and finite sample properties of alternative techniques for evaluating the empirical performance of international tourism demand models. The significance of the project is the developm ....The Theory and Practice of International Tourism Demand Modelling. The volatility inherent in tourism flows and limited data availability are crucial issues in estimating and testing tourism demand models, and providing accurate predictions of international tourism. This project analyses critically the theoretical and finite sample properties of alternative techniques for evaluating the empirical performance of international tourism demand models. The significance of the project is the development of an optimal method for estimating and testing tourism demand and volatility, an evaluation of alternative statistical techniques using extensive Monte Carlo simulation experiments, and the dissemination of research findings regarding sensible econometric practice to policy-makers in the private and public sectors. Read moreRead less