Pregled bibliografske jedinice broj: 748791
Modeling the Degree of Persistence in Croatian Tourism
Modeling the Degree of Persistence in Croatian Tourism // Tourism economics, 22 (2016), 3; 655-664 doi:10.5367/te.2014.0457 (međunarodna recenzija, članak, znanstveni)
CROSBI ID: 748791 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
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
(2016), 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
Citiraj ovu publikaciju:
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
