UK overseas visitors: Seasonality and persistence
Guglielmo Maria Caporale and
Luis Gil-Alana
Tourism Economics, 2019, vol. 25, issue 5, 827-831
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.
Keywords: long memory; persistence; seasonality; UK overseas visitors (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:25:y:2019:i:5:p:827-831
DOI: 10.1177/1354816618817884
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