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Article
Publication date: 28 August 2019

Gorete Dinis, Zélia Breda, Carlos Costa and Osvaldo Pacheco

This paper aims to conduct a review of the literature published, between 2006 and 2018, that used search engine data on tourism and hospitality research, namely, Google Insights…

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Abstract

Purpose

This paper aims to conduct a review of the literature published, between 2006 and 2018, that used search engine data on tourism and hospitality research, namely, Google Insights for Search and Google Trends. More specifically, it intends to identify the purpose and context of the data use, ascertaining the main findings and reviewing the methodological approaches.

Design/methodology/approach

A systematic literature review of Scopus indexed research has been carried out. Given the novelty of search engine data use in tourism and hospitality research and the relatively low number of search results in Scopus, other databases were used to broaden the scope of analysis, namely, EBSCO and Google Scholar. The papers selected were subjected to content and statistical analyses.

Findings

Google Trends data use in tourism and hospitality research has increased significantly from 2012 to 2017, mainly for tourism forecasting/nowcasting; knowing the interest of users’ searches for tourist attractions or destinations; showing the relationship between the official tourism statistics and the search volume index of Google Trends; and estimating the effect of one event on tourism demand. The categories and search terms used vary with the purpose of the study; however, they mostly focus on the travel category and use the country as the search term.

Originality/value

Google Trends has been increasingly used in research publications in tourism and hospitality, but the range of its applications and methods used has not yet been reviewed. Therefore, a systematic review of the existing literature increases awareness of its potential uses in tourism and hospitality research and facilitates a better understanding of its strengths and weaknesses as a research tool.

研究目的

本文回顾2006年至2018年发表文献使用酒店旅游相关的搜索引擎数据, 即Google Insights for Search 以及Google Trends。确切地说, 本文旨在研究数据使用目的和背景, 归纳主要研究成果和研究方法。

研究设计/方法/途径

本文采用Scopus索引, 由于旅游酒店领域使用搜索引擎数据的文献较少, Scopus搜索结果样本量较低, 本文扩展到其他数据库, 即EBSCO以及Google Scholar。选定的样本文献采用文本分析和统计分析法。

研究结果

旅游酒店领域中对Google Trends数据使用的增加主要集中在2012年到2017年, 主要研究领域有(1)旅游预测/即时预报;(2)了解用户搜索旅游景点或目的地的需求;(3)官方旅游数据和Google Trends搜索量索引之间的关系;以及(4)评估大事件对旅游需求的影响。文献归类和搜索名词根据研究目的而不同。然而, 大多数文章使用‘旅游’归类以及使用国家作为搜索关键词。

研究原创性/价值

Google Trends在酒店旅游领域研究中的使用逐渐增加, 但是据作者所知, 其应用的范畴和方法仍处在起步阶段。因此, 对现有文献的系统回顾可以提高对其在旅游酒店领域中应用的认知, 并且本文结果使其作为研究工具的优劣分析更深理解。

关键词

Google Trends, Google insights for search, 搜索引擎数据, 旅游酒店研究, 系统文献回顾

Details

Journal of Hospitality and Tourism Technology, vol. 10 no. 4
Type: Research Article
ISSN: 1757-9880

Keywords

Article
Publication date: 12 June 2014

Liwen Vaughan

The purpose of this paper is to examine the feasibility of discovering business information from search engine query data. Specifically the study tried to determine whether search…

1379

Abstract

Purpose

The purpose of this paper is to examine the feasibility of discovering business information from search engine query data. Specifically the study tried to determine whether search volumes of company names are correlated with the companies’ business performance and position data.

Design/methodology/approach

The top 50 US companies in the 2012 Fortune 500 list were included in the study. The following business performance and position data were collected: revenues, profits, assets, stockholders’ equity, profits as a percentage of revenues, and profits as a percentage of assets. Data on the search volumes of the company names were collected from Google Trends, which is based on search queries users enter into Google. Google Trends data were collected in the two scenarios of worldwide searches and US searches.

Findings

The study found significant correlations between search volume data and business performance and position data, suggesting that search engine query data can be used to discover business information. Google Trends’ worldwide search data were better than the US domestic search data for this purpose.

Research limitations/implications

The study is limited to only one country and to one year of data.

Practical implications

Publicly available search engine query data such as those from Google Trends can be used to estimate business performance and position data which are not always publicly available. Search engine query data are timelier than business data.

Originality/value

This is the first study to establish a relationship between search engine query data and business performance and position data.

Details

Online Information Review, vol. 38 no. 4
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 5 June 2020

Hanyoung Go, Myunghwa Kang and Yunwoo Nam

This paper aims to track how ecotourism has been presented in a digital world over time using geotagged photographs and internet search data. Ecotourism photographs and Google…

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Abstract

Purpose

This paper aims to track how ecotourism has been presented in a digital world over time using geotagged photographs and internet search data. Ecotourism photographs and Google Trends search data are used to evaluate tourist perceptions of ecotourism by developing a categorization of essential attributes, examining the relation of ecotourism and sustainable development, and measuring the popularity of the ecotourism sites.

Design/methodology/approach

The researchers collected geotagged photographs from Flickr.com and downloaded Google search data from Google Trends. An integrative approach of content, trend and spatial analysis was applied to develop ecotourism categories and investigate tourist perceptions of ecotourism. First, the authors investigate ecotourism geotagged photographs on a social media to comprehend tourist perceptions of ecotourism by developing a categorization of key ecotourism attributes and measuring the popularity of the ecotourism sites. Second, they examined how ecotourism has been related with sustainable development using internet search data and investigate the trends in search data. Third, spatial analysis using GIS maps was used to visualize the spatial-temporal changes of photographs and tourist views throughout the world.

Findings

This study identified three primary themes of ecotourism perceptions and 13 categories of ecotourism attributes. Interest over time about ecotourism was mostly presented as its definitions in Google Trends. The result indicates that tracked ecotourism locations and tourist footprints are not congruent with the popular regions of ecotourism Google search.

Originality/value

This research follows the changing trends in ecotourism over a decade using geotagged photographs and internet search data. The evaluation of the global ecotourism trend provides important insights for global sustainable tourism development and actual tourist perception. Analyzing the trend of ecotourism is a strategic approach to assess the achievement of UN sustainable development goals. Factual perspectives and insights into how tourists are likely to seek and perceive natural attractions are valuable for a range of audiences, such as tourism industries and governments.

摘要

研究目的本论文旨在探索生态旅游业在电子世界中是如何随着时间而显示出来的,文章样本为带有地理标记的图片和互联网搜索数据。本文使用生态旅游图片和谷歌趋势搜索数据来评估游客对生态旅游的感知,通过对关键要素的分类,审视生态旅游和可持续发展的关系,以及衡量生态旅游基地的受欢迎程度等方法。

研究设计/方法/途径

本论文作者从Flickr.com上搜集地理标记图片以及从谷歌趋势上下载谷歌搜索数据。样本分析通过内容、趋势、空间上的综合分析,来开发生态旅游类别和游客对生态旅游的感知。首先,我们研究了社交媒体上的生态旅游地理标记图片以理解游客对生态旅游的感知情况,以此搭建了关键生态旅游要素的类别体系,和衡量生态旅游基地的受欢迎程度。第二,我们通过使用互联网搜索数据,检测了生态旅游如何与可持续发展相连接,以及研究了搜索数据中的趋势。第三,我们使用了GIS软件来操作空间分析,对图片的空间-时间改变和游客对世界的观点做了可视化处理。

研究结果

本论文确立了三项生态旅游感知的基本主题以及13项生态旅游要素类别。生态旅游互联网随着时间演化,根据谷歌趋势上的定义,被大致地展现出来。本论文研究结果表示生态旅游地理位置和游客足迹与生态旅游谷歌搜索的热门区域不全是完全吻合的。

研究原创性/价值

本论文使用地理标记图片和互联网搜索数据将生态旅游发展趋势近十年的变化描画出来。全球生态旅游趋势的评估对全球可持续旅游发展和实际游客感知方面做出重要见解启示。生态旅游趋势的分析作为一种战略方法,对UN可持续发展目标的时间起到评估作用。本论文针对游客的真实感知和意见,游客如何选择和感知自然景观,这对于很多群体,比如旅游行业和政府,都有着重要意义。

Book part
Publication date: 22 July 2021

Hsiu-Chen Fan Chiang, Pei-Xuan Jiang and Chia-Chien Chang

We empirically investigate the forecasting ability of USD-INR exchange rate volatility models by considering Google Trends data. Within a multiple regression framework, we use…

Abstract

We empirically investigate the forecasting ability of USD-INR exchange rate volatility models by considering Google Trends data. Within a multiple regression framework, we use historical volatility and liquidity measures to build our benchmark volatility model (Chandra & Thenmozhi, 2014). Moreover, we extend Bulut (2018) to incorporate indexes for 15 keywords (price-related, income-related, and liquidity-related) from Google Trends data into our benchmark volatility model to evaluate the forecasting ability of the models. Our results indicate that Google Trends data can improve volatility prediction and that among the groups of keywords that we consider, the price-related keywords have the best forecasting ability. Incorporating data on searches for “prices” into the model produces the highest reduction in the forecasting error: a 22.75% decrease compared to the level in the benchmark model. Hence, these empirical findings indicate that Google Trends data contain information that influences exchange rate movements.

Details

Advances in Pacific Basin Business, Economics and Finance
Type: Book
ISBN: 978-1-80043-870-5

Keywords

Article
Publication date: 28 June 2022

Yi-Chung Hu and Geng Wu

Given that the use of Google Trends data is helpful to improve forecasting performance, this study aims to investigate whether the precision of forecast combination can benefit…

Abstract

Purpose

Given that the use of Google Trends data is helpful to improve forecasting performance, this study aims to investigate whether the precision of forecast combination can benefit from the use of Google Trends Web search index along with the encompassing set.

Design/methodology/approach

Grey prediction models generate single-model forecasts, while Google Trends index serves as an explanatory variable for multivariate models. Then, three combination sets, including sets of univariate models (CUGM), all constituents (CAGM) and constituents that survive the forecast encompassing tests (CSET), are generated. Finally, commonly used combination methods combine the individual forecasts for each combination set.

Findings

The tourism volumes of four frequently searched-for cities in Taiwan are used to evaluate the accuracy of three combination sets. The encompassing tests show that multivariate grey models play a role to be reckoned with in forecast combinations. Furthermore, the empirical results indicate the usefulness of Google Trends index and encompassing tests for linear combination methods because linear combination methods coupled with CSET outperformed that coupled with CAGM and CUGM.

Practical implications

With Google Trends Web search index, the tourism sector may benefit from the use of linear combinations of constituents that survive encompassing tests to formulate business strategies for tourist destinations. A good forecasting practice by estimating ex ante forecasts post-COVID-19 can be further provided by scenario forecasting.

Originality/value

To improve the accuracy of combination forecasting, this research verifies the correlation between Google Trends index and combined forecasts in tourism along with encompassing tests.

Google 搜尋趨勢指標與涵蓋性檢定對於旅遊需求組合預測的影響

目的

過去的研究顯示 Google 搜尋趨勢資料有助於改善旅遊需求預測的準確度,本研究就此進一步探討 Google 搜尋趨勢網頁搜尋指標與涵蓋性檢定的使用對於組合預測準確度所造成的影響。

設計/方法論/方法

本研究以 Google 搜尋趨勢指標做為多變量灰色預測模式的解釋變數,並以單變量與多變量灰色模式產生各別預測值。在分別產生由所有的單變量模式 (CUGM)所有的模式 (CAGM), 以及經過涵蓋性檢定所留存下來之模式 (CSET) 所組成之集合後,就各別的組合集以常用的組合方法產生預測值。

發現

以台灣的四個熱搜旅遊城市的旅遊人數進行三個組合集的預測準確度分析。涵蓋性檢定顯示多變量灰色模式在組合預測中扮演重要的角色,而結果亦呈現線性組合方法在 CSET優於在 CUGMCAGM 的準確度,突顯搜尋趨勢指標與涵蓋性檢定對於線性組合方法的有用性。

實踐意涵

藉由 Google 搜尋趨勢網頁搜尋指標與涵蓋性檢定,旅遊部門應可透過線性組合方法的預測規劃旅遊目的地的經營策略。新冠疫情下於各季的事前預測亦可結合情境預測具體呈現。

原創性/價值

為提升組合預測在旅遊需求的預測準確度,本研究結合涵蓋性檢定以分析 Google 搜尋趨勢指標與組合預測準確度之間的關聯性。

關鍵字

旅遊需求,涵蓋性檢定,Google 搜尋趨勢,灰色預測,組合預測

文章类型

研究型论文

El impacto de Google Trends en la previsión de viajes combinados y su evidencia relacionada

Propósito

Dado que el uso de los datos de Google Trends es útil para mejorar la precisión de las predicciones, este estudio examina si el uso del índice de búsqueda web de Google Trends combinado con la agregación de relevancia puede mejorar la precisión del predictor.

Diseño/metodología/enfoque

El modelo predictivo gris genera predicciones bajo un único modelo, mientras que el modelomultivariado utiliza el indicador Google Trends como variable explicativa. Se generaron tresensamblajes generales, incluido el Modelo armónico único (CUGM), los ensamblajes de todos loscomponentes (CAGM) y la prueba de presencia de componentes con predicción (CSET). Laspredicciones individuales encada grupo luego se combinan utilizando métodos de correlación deuso común.

Recomendaciones

Utilizando el número de turistas en las cuatro ciudades más investigadas de Taiwán, los tresgrupos combinados se clasificaron según su precisión. Las pruebas incluidas muestran que losmodelos multivariados en escala de grises son importantes para la predicción. Además, losresultados de las pruebas muestran que el índice de Google Trends y las pruebas que incluyenmétodos de suma lineal son útiles porque los métodos combinados con CSET funcionan majorque los métodos combinados con CSET. CAGM y VCUG.

Implicaciones practices

La industria de viajes puede usar el índice de búsqueda web de Google Trends para desarrollarestrategias comerciales para atracciones basadas en un conjunto lineal de componentes.

Autenticidad/valor

Con el objetivo de mejorar la precisión de los pronósticos agregados, este estudio investiga larelación entre el índice de tendencias de Google y las expectativas generales de viaje junto con laevidencia global.

Palabras clave

Demanda de viajes, Experiencia global, Tendencias de Google, Predicción gris

Tipo de papel

Trabajo de investigación

Article
Publication date: 4 March 2019

Maryam Dilmaghani

The purpose of this paper is to use data mined from Google Trends, in order to predict the unemployment rate prevailing among Canadians between 25 and 44 years of age.

Abstract

Purpose

The purpose of this paper is to use data mined from Google Trends, in order to predict the unemployment rate prevailing among Canadians between 25 and 44 years of age.

Design/methodology/approach

Based on a theoretical framework, this study argues that the intensity of online leisure activities is likely to improve the predictive power of unemployment forecasting models.

Findings

Mining the corresponding data from Google Trends, the analysis indicates that prediction models including variables which reflect online leisure activities outperform those solely based on the intensity of online job search. The paper also outlines the most propitious ways of mining data from Google Trends. The implications for research and policy are discussed.

Originality/value

This paper, for the first time, augments the forecasting models with data on the intensity of online leisure activities, in order to predict the Canadian unemployment rate.

Details

Journal of Economic Studies, vol. 46 no. 2
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 26 August 2014

Marian Alexander Dietzel, Nicole Braun and Wolfgang Schäfers

The purpose of this paper is to examine internet search query data provided by “Google Trends”, with respect to its ability to serve as a sentiment indicator and improve…

2045

Abstract

Purpose

The purpose of this paper is to examine internet search query data provided by “Google Trends”, with respect to its ability to serve as a sentiment indicator and improve commercial real estate forecasting models for transactions and price indices.

Design/methodology/approach

This paper examines internet search query data provided by “Google Trends”, with respect to its ability to serve as a sentiment indicator and improve commercial real estate forecasting models for transactions and price indices.

Findings

The empirical results show that all models augmented with Google data, combining both macro and search data, significantly outperform baseline models which abandon internet search data. Models based on Google data alone, outperform the baseline models in all cases. The models achieve a reduction over the baseline models of the mean squared forecasting error for transactions and prices of up to 35 and 54 per cent, respectively.

Practical implications

The results suggest that Google data can serve as an early market indicator. The findings of this study suggest that the inclusion of Google search data in forecasting models can improve forecast accuracy significantly. This implies that commercial real estate forecasters should consider incorporating this free and timely data set into their market forecasts or when performing plausibility checks for future investment decisions.

Originality/value

This is the first paper applying Google search query data to the commercial real estate sector.

Details

Journal of Property Investment & Finance, vol. 32 no. 6
Type: Research Article
ISSN: 1463-578X

Keywords

Article
Publication date: 10 January 2024

Nugroho Saputro, Putra Pamungkas, Irwan Trinugroho, Yoshia Christian Mahulette, Bruno Sergio Sergi and Goh Lim Thye

This paper investigated whether a bank’s popularity and depositors' fear of Google search volume could affect bank deposits and credit.

Abstract

Purpose

This paper investigated whether a bank’s popularity and depositors' fear of Google search volume could affect bank deposits and credit.

Design/methodology/approach

The authors used two different quarterly data from Google Trends and banking data from 2012 Q1 to 2020 Q1. Based on available data, Google Trends data start from 2012. The authors exclude data after 2020 Q1 because the Covid-19 pandemic arguably increased the volume of Internet users due to shifting behavior to online activities. They merged and cleaned the data by winsorizing at 5 and 95 percentiles to avoid any outlier problems, reaching 74 banks in the sample. They used panel data estimation of quarterly data following Levy-Yeyati et al. (2010) and Trinugroho et al. (2020).

Findings

The results show that a higher search volume of a bank’s name leads to higher deposits. A higher search volume of depositor fear reduces deposits and credit. The authors also found that banks with high risk and a high search volume of their name have a significantly lower volume of deposits.

Originality/value

To the best of the authors’ knowledge, not many papers in banking and finance have used Google Trends data to gauge related issues regarding depositors' behavior. The authors have filled a gap in the literature by investigating whether the popularity of Google search and depositors' fear could impact deposits and credit. This study also attempted to establish whether Google Trends data could be a reliable source of information to predict depositors' behavior by using a Zscore to measure bank risk.

Details

Managerial Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 3 May 2022

Syed Ali Raza, Larisa Yarovaya, Khaled Guesmi and Nida Shah

This article aims to uncover the impact of Google Trends on cryptocurrency markets beyond Bitcoin during the time of increased attention to altcoins, especially during the…

Abstract

Purpose

This article aims to uncover the impact of Google Trends on cryptocurrency markets beyond Bitcoin during the time of increased attention to altcoins, especially during the COVID-19 pandemic.

Design/methodology/approach

This paper analyses the nexus among the Google Trends and six cryptocurrencies, namely Bitcoin, New Economy Movement (NEM), Dash, Ethereum, Ripple and Litecoin by utilizing the causality-in-quantiles technique on data comprised of the years January 2016–March 2021.

Findings

The findings show that Google Trends cause the Litecoin, Bitcoin, Ripple, Ethereum and NEM prices at majority of the quantiles except for Dash.

Originality/value

The findings will help investors to develop more in-depth understanding of impact of Google Trends on cryptocurrency prices and build successful trading strategies in a more matured digital assets ecosystem.

Details

International Journal of Emerging Markets, vol. 18 no. 12
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 14 August 2017

Wei Shang, Hsinchun Chen and Christine Livoti

The purpose of this paper is to propose a framework to detect adverse drug reactions (ADRs) using internet user search data, so that ADR events can be identified early. Empirical…

Abstract

Purpose

The purpose of this paper is to propose a framework to detect adverse drug reactions (ADRs) using internet user search data, so that ADR events can be identified early. Empirical investigation of Avandia, a type II diabetes treatment, is conducted to illustrate how to implement the proposed framework.

Design/methodology/approach

Typical ADR identification measures and time series processing techniques are used in the proposed framework. Google Trends Data are employed to represent user searches. The baseline model is a disproportionality analysis using official drug reaction reporting data from the US Food and Drug Administration’s Adverse Event Reporting System.

Findings

Results show that Google Trends series of Avandia side effects search reveal a significant early warning signal for the side effect emergence of Avandia. The proposed approach of using user search data to detect ADRs is proved to have a longer leading time than traditional drug reaction discovery methods. Three more drugs with known adverse reactions are investigated using the selected approach, and two are successfully identified.

Research limitations/implications

Validation of Google Trends data’s representativeness of user search is yet to be explored. In future research, user search in other search engines and in healthcare web forums can be incorporated to obtain a more comprehensive ADR early warning mechanism.

Practical implications

Using internet data in drug safety management with a proper early warning mechanism may serve as an earlier signal than traditional drug adverse reaction. This has great potential in public health emergency management.

Originality/value

The research work proposes a novel framework of using user search data in ADR identification. User search is a voluntary drug adverse reaction exploration behavior. Furthermore, user search data series are more concise and accurate than text mining in forums. The proposed methods as well as the empirical results will shed some light on incorporating user search data as a new source in pharmacovigilance.

Details

Online Information Review, vol. 41 no. 4
Type: Research Article
ISSN: 1468-4527

Keywords

1 – 10 of over 16000