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Social and Behavioral Sciences Commons

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Economics

Border Region Modeling Project

Series

El Paso

Publication Year

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

Highlights From The Borderplex Economic Outlook To 2022, Thomas M. Fullerton Jr., Steven L. Fullerton Dec 2020

Highlights From The Borderplex Economic Outlook To 2022, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Borderplex Pandemic Monitor, Thomas M. Fullerton Jr., Steven L. Fullerton May 2020

Borderplex Pandemic Monitor, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.


Hotel Sector Forecast Accuracy In El Paso: 2006-2016, Thomas M. Fullerton Jr., Adam G. Walke Aug 2019

Hotel Sector Forecast Accuracy In El Paso: 2006-2016, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

This study evaluates the accuracy of previously published econometric forecasts for seven lodging sector variables that measure hotel activity in El Paso, Texas. The hotel forecasts have been generated annually using an econometric model of the El Paso metropolitan economy from 2006 forward. Predictive accuracy is evaluated relative to random walk benchmarks. Assessment is completed using both descriptive forecast error summary statistics as well as formal statistical tests. The econometric model outperforms the random walk benchmarks for a majority of the variables analyzed. However, statistical tests of forecast error differentials do not yield conclusive evidence in favor of the econometric …