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Are tourist arrivals stationary? Evidence from BRIC countries

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  • Aruna Kumar Dash
  • Suresh K.G.
  • Aviral Kumar Tiwari

Abstract

In this study, we attempted to analyse whether the shocks to tourist arrivals in BRIC countries are temporary or permanent, by analysing the stationary characteristics of the data in panel framework. We found that, for Brazil, Russia and India, tourist arrivals are stationary process, whereas for China it is non-stationary process. This implies that shocks to the tourism sector in Brazil, Russia and India have only temporary effect, whereas the shocks to China's tourism sector have permanent effects.

Suggested Citation

  • Aruna Kumar Dash & Suresh K.G. & Aviral Kumar Tiwari, 2017. "Are tourist arrivals stationary? Evidence from BRIC countries," Current Issues in Tourism, Taylor & Francis Journals, vol. 20(3), pages 221-224, February.
  • Handle: RePEc:taf:rcitxx:v:20:y:2017:i:3:p:221-224
    DOI: 10.1080/13683500.2015.1095166
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    Cited by:

    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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