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Tourism in South Africa. Time series persistence and the nature of shocks. Are they transitory or permament?

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  • Luis Alberiko Gil-Alaña

    (Navarra Center for International Development)

Abstract

This paper deals with the analysis of several time series related with the tourism sector in South Africa. We examine the orders of integration of the series in order to determine if they are stationary or non stationary, and, more importantly, if the shocks affecting them are of a permanent or a transitory nature. Policy implications based on the results obtained are derived.

Suggested Citation

  • Luis Alberiko Gil-Alaña, 2010. "Tourism in South Africa. Time series persistence and the nature of shocks. Are they transitory or permament?," NCID Working Papers 06/2011, Navarra Center for International Development, University of Navarra.
    • Handle: RePEc:nva:unnvaa:wp06-2010
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    Cited by:

    1. Juncal Cuñado & Alberiko Gil-Alana, Luis & Perez De Gracia, Fernando, 2011. "Modelling International Monthly Tourist in Spain/Modelización de llegadas mensuales de turistas a España," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 29, pages 723-736, Diciembre.
    2. Arias Martín, Pedro, 2013. "La situación del empleo en turismo rural en España/The Employment Situation in Rural Tourism in Spain," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 31, pages 257(22)-257, Enero.

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    More about this item

    Keywords

    South Africa; tourism; fractional integration;
    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

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