McAleer, Michael; Shareef, Riaz; Veiga, Bernardo da - Fondazione ENI Enrico Mattei (FEEM) - 2005
tourist arrivals and their growth rate is analogous to the volatility (or dynamic risk) in financial returns. In this paper … magnitude of tax revenue receipts. A framework is presented for risk management of daily tourist tax revenues for the Maldives … international tourism are significant financial assets to the economies of SITEs, the time-varying volatility of international …