Chang, Chia-Lin; Hsu, Shu-Han; McAleer, Michael - 2018
Since 2008, when Taiwan's President Ma Ying-Jeou relaxed the Cross-Strait policy, China has become Taiwan's largest … short-run and long-run persistence of shocks to the change rate of Chinese tourists to Taiwan. The daily data used for the …-type tourists. These results suggest that Taiwan tourism authorities should act to prevent the negative shocks for the Group …