Are tourist arrivals stationary? Evidence from BRIC countries

Aruna Kumar Dash, Suresh K.G. and Aviral Tiwari

Current Issues in Tourism, 2017, vol. 20, issue 3, 221-224

Abstract: In this study, we attempted to analyse whether the shocks to tourist arrivals in BRIC countries are temporary or permanent, by analysing the stationary characteristics of the data in panel framework. We found that, for Brazil, Russia and India, tourist arrivals are stationary process, whereas for China it is non-stationary process. This implies that shocks to the tourism sector in Brazil, Russia and India have only temporary effect, whereas the shocks to China's tourism sector have permanent effects.

Date: 2017
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DOI: 10.1080/13683500.2015.1095166

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