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Regression analysis and VAR model approach to seasonal effects in hospitality industry prices in Slovenia [Elektronski vir]Gričar, Sergej ; Bojnec, ŠtefanThe feature selection and classification techniques on properties of time-series data arestudied independently the interactions between the procedures. The regression analysisis theoretically ... involved in an approach with empirical results of the cointegrated vectorautoregressive (CVAR) model. The CVAR model with five seasonally unadjusted monthlytime-series of real price variables in the period 20002012 implies decline in thehospitality industry prices in the euro zone affected by the seasonal effects in a shortrun,but they have increased in Slovenia. Five time-series of real price variables areintegrated of order two. This is one of the cases to reject regression analysis as apossible analytical approach for a time-series analysis, massively used in economicempirical research on weakly stationary time-series processes.Source: Industry, science and policy makers for sustainable future [Elektronski vir] : proceedings of the 14th international conference (Str. 113-134)Type of material - conference contributionPublish date - 2013Language - englishCOBISS.SI-ID - 513771895
Author
Gričar, Sergej |
Bojnec, Štefan
Topics
gostinstvo |
Slovenija |
cene |
spreminjanje |
VAR model |
hospitality industry |
Slovenia |
prices |
change |
VAR model
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Database name | Field | Year |
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Links to authors' personal bibliographies | Links to information on researchers in the SICRIS system |
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Gričar, Sergej | 36540 |
Bojnec, Štefan | 05677 |
Source: Personal bibliographies
and: SICRIS
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