Studying Covariance and Variance Components in the Czech
Regions Arrival Tourism Data Cover Image

Studying Covariance and Variance Components in the Czech Regions Arrival Tourism Data
Studying Covariance and Variance Components in the Czech Regions Arrival Tourism Data

Author(s): Lukáš Malec, Antonín Pavlíček, Jaroslav Poživil
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: partial least squares; principal component analysis; relation of non-residents and residents; analysis of trends; arrival data

Summary/Abstract: Lots of tourism data vary over time for that reason the quality processing techniques are demanded to relate such a series. This study concerns the covariance, resp. variance analysis of arrivals to regions of the Czech Republic using static multivariate methods of partial least squares(PLS), resp. principal component analysis (PCA). In addition, an analysis based on eigen value decomposition of Euclidean similarity matrix is employed. The relation of profiles and the direction of processes using linear trends in annual data are studied between arrivals of non-residents and residents. The results are attempted to connect them with some economic parameters and global events.

  • Issue Year: 10/2014
  • Issue No: 2
  • Page Range: 109-128
  • Page Count: 20
  • Language: English