source of international tourism. In order to understand the risk persistence of Chinese tourists, the paper investigates the … empirical analysis is from 1 January 2013 to 28 February 2018. McAleer's (2015) fundamental equation in tourism finance is used …-type tourists. These results suggest that Taiwan tourism authorities should act to prevent the negative shocks for the Group …

the Taiwan tourism market. To date, there has been relatively little empirical research conducted on this issue. In this … paper, tourists are characterized as being involved in one of three types of tourism: group tourism (group-type), individual … tourism (individual-type), and medical cosmetology (medical-type). We use McAleer's (2015) fundamental equation in tourism …

hence also the issues related to risk and leverage effects, are also applicable to international tourism flows …