McAleer, Michael; Shareef, Riaz; Veiga, Bernardo da - Departament d'Economia Aplicada, Facultat de Ciències … - 2005
international tourism receipts are significant financial assets to the economies of SITEs, the timevarying volatility of … international tourist arrivals and their growth rate is analogous to the volatility (or dynamic risk) in financial returns. The … volatility in the levels and growth rates of daily international tourist arrivals are investigated in the paper. This paper …