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Persistence change in tourism data

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Detalhes bibliográficos
Resumo:In this paper we apply recently proposed persistence change tests to evaluate whether the properties of inbound tourism series have changed over time. The degree of persistence may reáect the extent to which the shocks a§ecting the series are themselves persistent or may be a consequence of diverse structural factors in the economy. Hence, the main objective of this paper is to investigate whether tourism series display both stationary and nonstationary features within the sample period considered.
Autores principais:Andraz, Jorge Miguel
Outros Autores:Rodrigues, Paulo M. M.
Assunto:Persistence change Nonstationarity Tourism demand Stationarity
Ano:2009
País:Portugal
Tipo de documento:documento de conferência
Tipo de acesso:acesso aberto
Instituição associada:Universidade do Algarve
Idioma:inglês
Origem:Sapientia - Universidade do Algarve
Descrição
Resumo:In this paper we apply recently proposed persistence change tests to evaluate whether the properties of inbound tourism series have changed over time. The degree of persistence may reáect the extent to which the shocks a§ecting the series are themselves persistent or may be a consequence of diverse structural factors in the economy. Hence, the main objective of this paper is to investigate whether tourism series display both stationary and nonstationary features within the sample period considered.