Econometric Analysis

Only available on StudyMode
  • Download(s) : 73
  • Published : April 12, 2013
Open Document
Text Preview
ECONOMETRIC ANALYSIS.

INDEX:
- Introduction..................................................................................3 -Background....................................................................................8 -Empirical Analysis.........................................................................9 -Conclusion.....................................................................................31 -Bibliography..................................................................................31 *

INTRODUCTION:
For many years it has tried to explain and predict economic phenomena. In the present work we destructive her to perform an econometric study of the function of the number of travelers who occupy tourist accommodation in Andalusia. The data required for such analysis have been collected from the database of the Institute of statistics and cartography of Andalusia, for easy access through the official website (http://www.juntadeandalucia.es/institutodeestadisticaycartografia/index.html). The National Statistical Institute(NSI) sends every month to the Institute of statistics of Andalusia provisional results which offers survey during the previous month in the eight Andalusian provinces. The survey is exhaustive in all provinces, except in some categories where sampling procedures are performed. The estimates are published disaggregated by categories up to the level that allows the maintenance of statistical confidentiality. The highest category that can publish accumulate estimates she and higher categories not publishable. This website allows the obtaining of an uninterrupted series of data of cross section, that goes from January 2001 to December of 2011. The collection of information by the NSI: basic data query refers to seven days of each month, chosen randomly, so between all establishments covering the entire month. Becomes a second consultation on the total hosted travelers and overnight caused throughout the month to which the data refer and the period of opening in the month concerned; in the strata of three, four and five stars of gold of all the provinces. The information is supplied monthly by hotel establishments, by questionnaire, the National Institute of statistics. It is possible, also send information through telematic sending or loading an XML file or through the connection to the internet using the Maple system, directly by completing the questionnaire on the screen. (http://www.ine.es). The variables that we used, we can classify them according to their role within our equation, being: The dependent variable, explained or endogenous (Yt): representing travelers in people. They are all people who perform one or more overnight stays, followed in the same accommodation. Travelers are classified by their country of residence, and for residents in Spain, by the autonomous community where they habitually reside. Independent, explanatory or exogenous variables are the 'effects' through which we will try to determine "the cause". Will divide itself into three category: x 1: overnight stays or seats occupied. (Overnight stays). It means overnight every night a traveller staying at the establishment. X 2: Hotel establishments (units).It means open season, that establishments in which the reference month is understood within its opening period. X 3: Dear establishments, estimated capacity and personnel employed by type of accommodation (units).They are all hotels registered as such in the corresponding register of the tourism departments of each autonomous community. Hotel establishments are establishments that provide services through collective accommodation price with or without other complementary services (hotel, apartment or Apart hotel, motel, hostel, pension,...).

The values of the variables are as follows:

Income (millions of €)| Travellers| Overnights| Hotel establishments| 1.986 | 546.634| 1.584.533| 2.148|
2.030 | 682.651| 1.972.851| 2.166|...
tracking img