Tourism Persistence in the Southeastern European Countries: The Impact of Covid-19

Guglielmo Maria Caporale, Amir Imeri and Luis Gil-Alana

No 10006, CESifo Working Paper Series from CESifo

Abstract: This paper examines tourism persistence in a group of Southeastern European (SEE) countries (Albania, Bosnia, Bulgaria, Croatia, Montenegro, North Macedonia, Serbia and Slovenia) by applying fractional integration methods to monthly data on foreign tourist arrivals and overnight stays. The results indicate that the COVID-19 pandemic has increased the degree of persistence of the series examined and also reduced the importance of their seasonal component.

Keywords: SEE; Covid-19; fractional integration; persistence; shocks; tourism (search for similar items in EconPapers)
JEL-codes: C13 C22 L83 N74 Z32 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-eec, nep-tra and nep-tur
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Journal Article: Tourism persistence in the Southeastern European countries: The impact of covid-19 (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_10006

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