Research Note: The Convergence Hypothesis for Tourism Markets: Evidence from Singapore
Chew Ging Lee
Tourism Economics, 2009, vol. 15, issue 4, 875-881
Abstract:
This research note takes a brief empirical look at the convergence hypothesis in terms of long-run convergence and convergence as catching up, using data from Singapore over two periods. The findings suggest that in the recent period, international visitor arrivals in Singapore from either Africa or Europe are catching up with those from Asia. The international visitor arrivals in Singapore from either the Americas or Oceania are converging with those from Asia. The international visitor arrivals in Singapore from Europe are diverging from those of Asia in the earlier period.
Keywords: convergence hypothesis; tourism markets; unit root; Singapore (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:15:y:2009:i:4:p:875-881
DOI: 10.5367/000000009789955080
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