Assessing Whether Tourist Arrivals are Stationary: Evidence from Taiwan using Sequential Panel Selection Method

Chen Hsun Lee, Frank Y.-H. Ying, Ginny Ju Ann Yang

    研究成果: 雜誌貢獻期刊論文同行評審

    2 引文 斯高帕斯(Scopus)

    摘要

    This study applied the Sequential Panel Selection Method (SPSM) procedure proposed by Chortareas and Kapetanios (2009) to test the non-stationarity of long-run tourist arrivals to Taiwan for a sample of six main visiting countries from 1970 to 2010. This Panel KSS test (Ucar & Omay, 2009) with a Fourier function for the SPSM procedure considers both structural breaks and non-linear adjustment and, thus, more powerfully determines whether tourist arrivals are stationary compared to conventional unit root tests. The empirical results of the first and the second generations are mixed; however, when the nonlinear panel unit root test with a Fourier function for the SPSM procedure is conducted, evidence indicates that the series of tourist arrivals to Taiwan are trend stationary except Korea.

    原文英語
    頁(從 - 到)206-221
    頁數16
    期刊Journal of China Tourism Research
    10
    發行號2
    DOIs
    出版狀態已發佈 - 2014 一月 1

    ASJC Scopus subject areas

    • 文化學習
    • 語言與語言學
    • 語言和語言學
    • 旅遊、休閒和酒店管理

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