64 research outputs found
Developments in the study of cointegrated economics variables: dynamic adjustments
No full textThis study investigates the relationship between the price of gold and silver over the period 1971-2004.
Unlike analysts and traders expections, the results of traditional cointegration analysis reveals that the relationship between gold and silver might well be not stable. Using the Relevant Vector Machine, a technique of supervised learning introduced by Tipping (2001), we examine whether some form of dynamic cointegration is more adapt than traditional cointegration to capture the long-run behaviour of the data se
A structural model approach to motivations of tourists attending festival: the case of food events
No full textVisiting a food festival is an important component in the complete construct of culinary tourism. What might have motivated the participants to visit such an event has become critical for tourist destinations, when they attempt to use food festivals to promote regions and farmers. This paper offers an integrated approach aimed at understanding event motivations. It extends the theoretical and empirical evidence on the causal relationships among the push and pull motivations, in order to determine to what extent these motivating factors contribute to the overall perception of the festival. It investigates the relevant relationships among the constructs by using a structural equation model approach. The main result is that, in the case of food and wine events, the pull factors connected with both product and territory have a considerable influence on the participants’ perceptions
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