The present short paper considers the cruising expenditure in Costa Rica as a key variable in the economic analysis of the cost and benefits associated with the cruise industry. We use cross sectional dimension for 2008 to analyze the different variables influencing expenditure levels....

This paper studies the impacts on economic growth of a small tourism driven economy caused by an increase in the growth rate of international tourism demand. We present a formal model and empirical evidence.The ingredients of the dynamic model are a large population of intertemporally optimizing...

Using the methodology suggested by Box and Jenkins (1970) we compare two SARIMA models for the overnight stays of the tourist in South Tyrol. We applied a seasonal unit root test suggesting that there is not seasonal unit root in the series. However, the best of the two models predicting the...

This paper describes the dynamics of the economic performance of the sub-national Mexican states from 1970 to 2006; the used state variables are the levels and the growth rates of the GDP per capita. The authors situate his approach in a conceptual and methodological panorama of the existent...

In this paper we combine the Symbolic Time Series methods (Daw et. al., 2003) with the nearest neighbour single linkage clustering algorithm (Mantegna, 1999) to describe dynamics and structure of a set of stocks. We start with a partition of the time series state space; we label each piece of the...