Showing 1 - 8 of 8
Hong Kong and Singapore are two of the most important and fastest growing markets for tourists to Australia. The purpose of this paper is to investigate movements in the long-run demand for tourist travel by these two origin countries for Australia. Some of the leading macroeconomic variables...
Persistent link: https://www.econbiz.de/10005463305
Rapid economic growth in South-East and East Asia has seen a surge in tourist arrivals from this region to Australia in the 1990s, prior to the currency crisis in late 1997. The purpose of the paper is to use Autoregressive Integrated Moving Average (ARIMA) models to explain the nonstationary...
Persistent link: https://www.econbiz.de/10005640237
The benefits of investing internationally depend on three conditions, namely, cross-country correlations, market volatilities and future changes in currency risks (Odier and Solnik, 1993). This article investigates these conditions for several countries. Many papers have modelled both domestic...
Persistent link: https://www.econbiz.de/10008503085
Just as friendly arguments based on an ignorance of facts eventually led to the creation of the definitive Guinness Book of World Records, any argument about university rankings has seemingly been a problem without a solution. To state the obvious, alternative rankings methodologies can and do...
Persistent link: https://www.econbiz.de/10008498834
Previous tests of the long-run neutrality hypothesis have generally relied on annual time series data. This paper analyses the long-run neutrality of money in Australia using different sources of intra-year data, which permits an examination of the effects of seasonality and the robustness of...
Persistent link: https://www.econbiz.de/10005463335
This study analyses the patent trends and volatilities for the top 12 foreign patenting countries in the US market from 1975 to 1997. Japan is ranked first in terms of foreign patents registered in the USA, followed by Germany. Patent registrations from each of these countries have increased...
Persistent link: https://www.econbiz.de/10005511369
The empirical suitability of the East Asian economies for potential monetary integration is assessed. The structural vector autoregression (VAR) method is employed to identify the underlying shocks using a three-variable VAR model across the East Asian economies. The estimates of the EEC are...
Persistent link: https://www.econbiz.de/10005282758
The increasing diversity of average growth rates and income levels across countries has generated a large literature on testing the income convergence hypothesis. Most countries in South-East Asia, particularly the five founding ASEAN member countries (ASEAN-5), have experienced substantial...
Persistent link: https://www.econbiz.de/10005475464