IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v31y2024i5p422-431.html
   My bibliography  Save this article

Measuring the persistence degree of shocks to the US tourism markets: new evidence for COVID-19 pandemic period

Author

Listed:
  • Yi-Ting Peng
  • Tsangyao Chang
  • Omid Ranjbar
  • Fangjhy Li

Abstract

Regarding the huge negative effects of the COVID-19 pandemic on the tourism market of the US, we investigate the persistent degree of the shocks to three markets: overseas, Canada, and Mexico. To measure persistence degree and its dynamics, we apply the Fourier quantile unit root test and rolling-window indirect inference estimators. Overall results indicate (i) negative shocks to the US’ tourist markets have more long-lasting effects than positive ones, (ii) degree of persistence of all three markets increased due to the COVID-19 pandemic, and (iii) Canada tourist marker displays more persistence behaviour than the other two markets.

Suggested Citation

  • Yi-Ting Peng & Tsangyao Chang & Omid Ranjbar & Fangjhy Li, 2024. "Measuring the persistence degree of shocks to the US tourism markets: new evidence for COVID-19 pandemic period," Applied Economics Letters, Taylor & Francis Journals, vol. 31(5), pages 422-431, March.
    • Handle: RePEc:taf:apeclt:v:31:y:2024:i:5:p:422-431
    DOI: 10.1080/13504851.2022.2138254
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2022.2138254
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2022.2138254?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:31:y:2024:i:5:p:422-431. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.