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Pregled bibliografske jedinice broj: 748791

Modeling the Degree of Persistence in Croatian Tourism


Gil-Alana, Luis A.; Mervar, Andrea; Payne, James E.
Modeling the Degree of Persistence in Croatian Tourism // Tourism economics, 22 (2014), 3; 655-664 doi:10.5367/te.2014.0457 (međunarodna recenzija, članak, znanstveni)


Naslov
Modeling the Degree of Persistence in Croatian Tourism

Autori
Gil-Alana, Luis A. ; Mervar, Andrea ; Payne, James E.

Izvornik
Tourism economics (1354-8166) 22 (2014), 3; 655-664

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Persistence; seasonality; fractional integration; tourism; Croatia

Sažetak
The Croatian tourism sector has been affected by a number of negative and positive shocks since the beginning of the 1990s. To examine the impact of shocks on tourism, we employ fractional integration techniques as a means to gauge the degree of persistence of such shocks. Based on monthly data from January 1995 to December 2013, we find that the respective tourism indicators contain seasonal unit roots. An examination of the seasonally differenced tourism time series reveals the fractional differencing parameter, d, with allowance for an autocorrelated error process, is strictly below one, implying that shocks are transitory and disappear relatively fast.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Ustanove
Ekonomski institut, Zagreb

Autor s matičnim brojem:
Andrea Mervar, (151145)

Časopis indeksira:


  • Current Contents Connect (CCC)
  • Web of Science Core Collection (WoSCC)
    • Social Science Citation Index (SSCI)
    • SCI-EXP, SSCI i/ili A&HCI
  • Scopus
  • EconLit


Uključenost u ostale bibliografske baze podataka:


  • CABI, Scopus, ProQuest, Ebsco, Ovid


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