Hou, Jian-Rong; Huang, Pei; Huang, Dan - In: Chinese Economy 39 (2006) 6, pp. 39-48
This article examines the time series behavior of two important tourism statistical variables: ITR (International Tourism Receipts) and NITAC (Number of International Tourist Arrivals to China) over the past two decades (1984-2004). Our unit root tests reveal that both series are integrated of...