Modelling the tourism receipt's volatility

Using data from 87 countries, we show that proximity of recipient countries to the economic centres of the world, a diversified source of international tourist supplies, and larger share of GDP as tourism revenues are conducive to lower volatility in tourism receipts. We also find that the volatility of tourism revenues is quite dispersed across countries and intensifies when tourism flow originates from a specific set of countries.

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Year of publication:	2015
Authors:	Balli, Faruk ; Louis, Rosmy Jean
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 22.2015, 2, p. 110-115
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011104876