Wilson, Peter - In: Journal of Economic Studies 21 (1994) January, pp. 41-51
international tourism for Singapore between 1972 and 1988. Computes four standardized instability indexes for both merchandize … the two data series for trend. There is some support for the view that export receipts are more unstable than tourism … to mid-1970s during a period of international instability. Tourism receipts, on the other hand, were relatively more …