This paper examines stationary and nonstationary time series by formally testing for the presence of unit roots and seasonal unit roots prior to estimation, model selection and forecasting. Various Box-Jenkins Autoregressive Integrated Moving Average (ARIMA) models are estimated over the period...

Strong economic growth and rapidly rising incomes in Malaysia have led to a surge in Malaysian tourist arrivals to Australia in the 1990s, prior to the currency crisis in mid-1997. The purpose of the paper is to use autoregressive integrated moving average (ARIMA) models to explain the...

Even though tourism has been recognized as one of the key sectors for the Thai economy, international tourism demand, or tourist arrivals, to Thailand have recently experienced dramatic fluctuations. The purpose of the paper is to investigate the relationship between the demand for international...