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UK overseas visitors: Seasonality and persistence

Author

Listed:
  • Guglielmo Maria Caporale

    (Brunel University London, UK)

  • Luis Alberiko Gil-Alana

    (University of Navarra, Spain)

Abstract

This article analyses seasonality and persistence in the number of UK overseas visitors applying a fractional integration framework to (monthly and quarterly) data from 1986 to 2017. The results indicate that long memory is present in the series and the degree of persistence is higher for seasonally adjusted data, with shocks having transitory but long-lasting effects.

Suggested Citation

  • Guglielmo Maria Caporale & Luis Alberiko Gil-Alana, 2019. "UK overseas visitors: Seasonality and persistence," Tourism Economics, , vol. 25(5), pages 827-831, August.
    • Handle: RePEc:sae:toueco:v:25:y:2019:i:5:p:827-831
    DOI: 10.1177/1354816618817884
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    References listed on IDEAS

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    Cited by:

    1. Luis A Gil-Alana & James E Payne, 2022. "Persistence, seasonality, and fractional integration within a nonlinear framework: Evidence from US citizens’ overseas travel," Tourism Economics, , vol. 28(3), pages 654-660, May.
    2. 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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