Work

Demand Forecasting in Regional Airports: Dynamic Tobit Models With Garch Errors

Year: 2008

Type: article

Abstract: In this paper we discuss the general issue of forecasting highly seasonal demand in regional airports, where peak flows approach airport capacity. For this, we propose a modeling combination, dynamic Tobit models with GARCH errors/disturbances, that is able to capture many of the shortcomings of most traditional models. Models are calibrated using monthly passenger and flight data for a 20

Source: DSpace - NTUA (National Technical University of Athens)

Author: Karlaftis, M

Institution: National Technical University of Athens

Language: English

Topic: Aviation Industry Analysis and Trends

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W168912755

FWCI: 0.709

Cites: 21

Cited by: 13

Related to: 10