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Global financial crisis and stationarity of tourist arrivals: evidence from Mauritius

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  • Sakiru Adebola Solarin

Abstract

The purpose of this research note is to examine whether shocks such as the recent global financial crisis of 2007–2009 had a permanent or transitory effect on tourist arrivals in a developing country – Mauritius. Principally premised on a new nonlinear unit root test, the results show that tourist arrivals are stationary. The implication of these findings is that the shocks inclusive of those induced by the latest credit crunch had a temporary impact on tourism markets in Mauritius.

Suggested Citation

  • Sakiru Adebola Solarin, 2016. "Global financial crisis and stationarity of tourist arrivals: evidence from Mauritius," Current Issues in Tourism, Taylor & Francis Journals, vol. 19(9), pages 869-875, July.
    • Handle: RePEc:taf:rcitxx:v:19:y:2016:i:9:p:869-875
    DOI: 10.1080/13683500.2014.985639
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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.
    2. Liu, Yan & Cheng, Xian & Liao, Stephen Shaoyi & Yang, Feng, 2023. "The impact of COVID-19 on the tourism and hospitality Industry: Evidence from international stock markets," The North American Journal of Economics and Finance, Elsevier, vol. 64(C).

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