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Testing for the random walk hypothesis, which asserts that a series is a non-stationary process or a unit root process, in the case of visitor arrivals has important implications for policy. If, for instance, visitor arrivals are characterized by a unit root, then it implies that shocks to...
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Tourism is Fiji's largest industry in terms of foreign exchange earnings and employment creation. The industry earns … envisaged that these results will help Fiji's policy makers and tourism industry stakeholders to understand the industry better …
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tourism demand modelling literature. The origins of this study lie in the apparent lack in the tourism economics literature of … which do not have any theoretical justification with regard to tourism demand analysis — does not diminish the precision of … the results or the model. This paper should appeal to scholars involved in tourism demand modelling …
Persistent link: https://www.econbiz.de/10013105096
lag (ARDL) framework - that has not previously been used to estimate tourism demand models. The main advantage of the …
Persistent link: https://www.econbiz.de/10013105528
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important to know the determinants of exports. However, there is no empirical study on Fiji's export demand. This paper uses the … whether the standard export demand variables, viz., trading partner income, export price, and competitor price, have a long …
Persistent link: https://www.econbiz.de/10013105323
This paper reports estimates of the long- and short-run elasticities of residential demand for electricity in Australia …, we find that income and own price are the most important determinants of residential electricity demand, while … price elasticity of demand are consistent with previous studies, although they are towards the lower end of existing …
Persistent link: https://www.econbiz.de/10013105338