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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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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 …
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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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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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