Persistence change in tourism data

Detalhes bibliográficos
Autor(a) principal: Andraz, Jorge Miguel
Data de Publicação: 2010
Outros Autores: Rodrigues, Paulo M. M.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.1/4715
Resumo: The authors apply recently proposed persistence change tests to inbound tourism series in order to evaluate whether their properties have changed over time. By using quarterly series of the number of overnight stays in hotel accommodation and similar establishments in the Algarve, from 1987:01 to 2008:03, they gathered evidence of persistence change in all series. In particular, a change from I(1) to I(0) was detected for some countries, while for others the direction change was not clear-cut. These results have implications from a policy perspective and shed light on the generally accepted conviction that policy decision processes should not ignore the fact that, in general, tourism inbound series display mean reverting behaviour, being only temporarily affected by external shocks.
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spelling Persistence change in tourism dataNon-stationarityTourism demandStationarityPersistence changeThe authors apply recently proposed persistence change tests to inbound tourism series in order to evaluate whether their properties have changed over time. By using quarterly series of the number of overnight stays in hotel accommodation and similar establishments in the Algarve, from 1987:01 to 2008:03, they gathered evidence of persistence change in all series. In particular, a change from I(1) to I(0) was detected for some countries, while for others the direction change was not clear-cut. These results have implications from a policy perspective and shed light on the generally accepted conviction that policy decision processes should not ignore the fact that, in general, tourism inbound series display mean reverting behaviour, being only temporarily affected by external shocks.IP PublishingSapientiaAndraz, Jorge MiguelRodrigues, Paulo M. M.2014-07-07T15:14:41Z20102014-06-04T14:05:30Z2010-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.1/4715engAndraz, Jorge Miguel Lopo Gonçalves; Rodrigues, Paulo M. M.Persistence Change in Tourism Data, Tourism Economics, 16, 2, 303-319, 20101354-8166AUT: JAN00657; PRO00147info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-24T10:15:28Zoai:sapientia.ualg.pt:10400.1/4715Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:57:40.539841Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Persistence change in tourism data
title Persistence change in tourism data
spellingShingle Persistence change in tourism data
Andraz, Jorge Miguel
Non-stationarity
Tourism demand
Stationarity
Persistence change
title_short Persistence change in tourism data
title_full Persistence change in tourism data
title_fullStr Persistence change in tourism data
title_full_unstemmed Persistence change in tourism data
title_sort Persistence change in tourism data
author Andraz, Jorge Miguel
author_facet Andraz, Jorge Miguel
Rodrigues, Paulo M. M.
author_role author
author2 Rodrigues, Paulo M. M.
author2_role author
dc.contributor.none.fl_str_mv Sapientia
dc.contributor.author.fl_str_mv Andraz, Jorge Miguel
Rodrigues, Paulo M. M.
dc.subject.por.fl_str_mv Non-stationarity
Tourism demand
Stationarity
Persistence change
topic Non-stationarity
Tourism demand
Stationarity
Persistence change
description The authors apply recently proposed persistence change tests to inbound tourism series in order to evaluate whether their properties have changed over time. By using quarterly series of the number of overnight stays in hotel accommodation and similar establishments in the Algarve, from 1987:01 to 2008:03, they gathered evidence of persistence change in all series. In particular, a change from I(1) to I(0) was detected for some countries, while for others the direction change was not clear-cut. These results have implications from a policy perspective and shed light on the generally accepted conviction that policy decision processes should not ignore the fact that, in general, tourism inbound series display mean reverting behaviour, being only temporarily affected by external shocks.
publishDate 2010
dc.date.none.fl_str_mv 2010
2010-01-01T00:00:00Z
2014-07-07T15:14:41Z
2014-06-04T14:05:30Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.1/4715
url http://hdl.handle.net/10400.1/4715
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Andraz, Jorge Miguel Lopo Gonçalves; Rodrigues, Paulo M. M.Persistence Change in Tourism Data, Tourism Economics, 16, 2, 303-319, 2010
1354-8166
AUT: JAN00657; PRO00147
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv IP Publishing
publisher.none.fl_str_mv IP Publishing
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