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Tourism persistence in Spain: National versus international visitors

Author

Listed:
  • Luis A Gil-Alana

    (16754University of Navarra, Spain; Universidad Francisco de Vitoria, Spain)

  • à gueda Gil-López

    (16447Universidad Francisco de Vitoria, Spain)

  • Elena San Román

    (16734Complutense University, Spain)

Abstract

In this article, we examine the statistical properties of the time series corresponding to the number of national and international visitors in Spain using fractional integration. This methodology allows us to examine the degree of persistence of the series, and thus, infer some conclusions about the nature of the shocks. According to the results reported in this work, seasonality matters in both cases, being more important in international tourism. Moreover, we observe significant differences in the degree of persistence between national and international tourism. Although both series seem to be mean reverting, with shocks having a transitory nature, higher orders of integration are observed in the case of the international arrivals.

Suggested Citation

  • Luis A Gil-Alana & à gueda Gil-López & Elena San Román, 2021. "Tourism persistence in Spain: National versus international visitors," Tourism Economics, , vol. 27(4), pages 614-625, June.
    • Handle: RePEc:sae:toueco:v:27:y:2021:i:4:p:614-625
    DOI: 10.1177/1354816619891349
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    References listed on IDEAS

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    1. James E Payne & Junsoo Lee, 2024. "Global perspective on the permanent or transitory nature of shocks to tourist arrivals: Evidence from new unit root tests with structural breaks and factors," Tourism Economics, , vol. 30(1), pages 67-103, February.

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