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 …

This paper considers estimation and inference in panel vector autoregressions (PVARs) with fixed effects when the time … dimension of the panel is finite, and the cross-sectional dimension is large. A Maximum Likelihood (ML) estimator based on a … derive unit root and cointegration tests in panels with short time dimension; these tests have the attractive feature that …