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Persistence, long memory and seasonality in Kenyan tourism series

Author

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  • Luis Alberiko Gil-Alaña

    (Navarra Center for International Development)

  • Fernando Pérez de Gracia
  • Robert Mudida

Abstract

This article investigates tourism in Kenya by looking at the degree of persistence in the total number of arrivals and departures for the time period from 1975Q1 to 2011Q4. We use long range dependence techniques and given the quarterly nature of the series examined, seasonality is also taken into account. The results indicate that the tourism sector in Kenya is especially sensitive to political shocks. This is particularly exemplified by the shocks in 1992Q4 and 2008Q1 that were associated with crucial election periods in Kenya. Our results, however, show that shocks are expected to be transitory, disappearing relatively fast

Suggested Citation

  • Luis Alberiko Gil-Alaña & Fernando Pérez de Gracia & Robert Mudida, 2013. "Persistence, long memory and seasonality in Kenyan tourism series," NCID Working Papers 05/2013, Navarra Center for International Development, University of Navarra.
    • Handle: RePEc:nva:unnvaa:wp05-2013
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    Cited by:

    1. 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.
    2. Luis A. Gil-Alana & Andrea Mervar & James E. Payne, 2016. "Modeling the degree of persistence in Croatian tourism," Tourism Economics, , vol. 22(3), pages 655-664, June.
    3. Godfrey Madigu & Luis A. Gil‐Alana, 2021. "What do productivity indices tell us? A case study of U.S. industries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 4946-4978, October.
    4. Gil-Alana, Luis A. & Huijbens, Edward H., 2018. "Tourism in Iceland: Persistence and seasonality," Annals of Tourism Research, Elsevier, vol. 68(C), pages 20-29.

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    More about this item

    Keywords

    Total arrivals; total departures; Kenya; persistence;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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