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Fluctuations in the numbers of visitors directly affect the rates of return on tourism business activities. Therefore … visiting Taiwan is conducive to the formulation of an effective and practical tourism strategy. Although the topic of … attracting Chinese tour group travellers and actively promoting in-depth tourism among international tourists, by developing …
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This paper uses monthly data from April 2005 to August 2013 for Taiwan to propose a novel tourism indicator, namely the … Tourism Conditions Index (TCI). TCI accounts for the spillover weights based on the Granger causality test and estimates of … the multivariate BEKK model for four TCI indicators to predict specific tourism and economic environmental indicators for …
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The paper uses monthly data on financial stock index returns, tourism stock sub-index returns, effective exchange rate … constructing a tourism financial indicator, namely the Tourism Financial Conditions Index (TFCI). The TFCI is an adaptation and … extension of the widely-used Monetary Conditions Index (MCI) and Financial Conditions Index (FCI) to tourism stock data. However …
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The paper uses monthly data on tourism related factors from April 2005 - June 2016 for Taiwan that applies factor … analysis and Chang’s (2015) novel approach for constructing a tourism financial indicator, namely the Tourism Financial … Conditions Index (FCI) to tourism stock data. However, the method of calculation of the TFCI is different from existing methods …
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