On tests for long memory process behavior of international tourism market: Thailand and India
In our research we examine the behaviour of both Thailand’s and India’s international tourism market by using long-memory analysis. The international tourism market of Thailand combined with seven groups such as East Asia, Europe, The Americas, South Asia, Oceania, Middle East and Africa. Similarly,...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Debrecen
2011-12-01
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| Series: | Apstract: Applied Studies in Agribusiness and Commerce |
| Subjects: | |
| Online Access: | https://ojs.lib.unideb.hu/apstract/article/view/7737 |
| _version_ | 1819055129556418560 |
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| author | Songsak Sriboonchitta Prasert Chaitip Péter Balogh Sándor Kovács Chukiat Chaiboonsri |
| author_facet | Songsak Sriboonchitta Prasert Chaitip Péter Balogh Sándor Kovács Chukiat Chaiboonsri |
| author_sort | Songsak Sriboonchitta |
| collection | DOAJ |
| description | In our research we examine the behaviour of both Thailand’s and India’s international tourism market by using long-memory analysis. The international tourism market of Thailand combined with seven groups such as East Asia, Europe, The Americas, South Asia, Oceania, Middle East and Africa. Similarly, the international tourism market of India combined with nine countries: USA, UK, Canada, Germany, France, Japan, Malaysia, Australia and Sri Lanka. Moreover, three statistical tests for long-memory process such as R/S test, Modified R/S test and GPH-test are employed to study these markets. The empirical findings in general provide more support for long memory process in international tourism market of Thailand and evidence for short-term dependence in international tourism market of India. Therefore, the policy makers of each country should understand the behaviour of long memory process in international tourism market before launching any stimulating campaign to this industry. |
| first_indexed | 2024-12-21T13:02:37Z |
| format | Article |
| id | doaj.art-34e5f354e054412c8897c2bd8a597728 |
| institution | Directory Open Access Journal |
| issn | 1789-221X 1789-7874 |
| language | English |
| last_indexed | 2024-12-21T13:02:37Z |
| publishDate | 2011-12-01 |
| publisher | University of Debrecen |
| record_format | Article |
| series | Apstract: Applied Studies in Agribusiness and Commerce |
| spelling | doaj.art-34e5f354e054412c8897c2bd8a5977282022-12-21T19:03:07ZengUniversity of DebrecenApstract: Applied Studies in Agribusiness and Commerce1789-221X1789-78742011-12-0153-410.19041/APSTRACT/2011/3-4/16On tests for long memory process behavior of international tourism market: Thailand and IndiaSongsak Sriboonchitta0Prasert Chaitip1Péter Balogh 2Sándor Kovács 3Chukiat Chaiboonsri 4 School of Economics, Chiang Mai University, Chiang Mai Thailand Faculty of Economics, Chiang Mai University, Chiang Mai, ThailandDepartment of Economic Analysis and Statistics, Faculty of Applied Economics and Rural Development, Centre of Agricultural and Technical Sciences, University of DebrecenDepartment of Economic Analysis and Statistics, Faculty of Applied Economics and Rural Development, Centre of Agricultural and Technical Sciences, University of DebrecenFaculty of Economics, Chiang Mai University, Chiang Mai, ThailandIn our research we examine the behaviour of both Thailand’s and India’s international tourism market by using long-memory analysis. The international tourism market of Thailand combined with seven groups such as East Asia, Europe, The Americas, South Asia, Oceania, Middle East and Africa. Similarly, the international tourism market of India combined with nine countries: USA, UK, Canada, Germany, France, Japan, Malaysia, Australia and Sri Lanka. Moreover, three statistical tests for long-memory process such as R/S test, Modified R/S test and GPH-test are employed to study these markets. The empirical findings in general provide more support for long memory process in international tourism market of Thailand and evidence for short-term dependence in international tourism market of India. Therefore, the policy makers of each country should understand the behaviour of long memory process in international tourism market before launching any stimulating campaign to this industry.https://ojs.lib.unideb.hu/apstract/article/view/7737ThailandIndiaLong-memory processTourism Market |
| spellingShingle | Songsak Sriboonchitta Prasert Chaitip Péter Balogh Sándor Kovács Chukiat Chaiboonsri On tests for long memory process behavior of international tourism market: Thailand and India Apstract: Applied Studies in Agribusiness and Commerce Thailand India Long-memory process Tourism Market |
| title | On tests for long memory process behavior of international tourism market: Thailand and India |
| title_full | On tests for long memory process behavior of international tourism market: Thailand and India |
| title_fullStr | On tests for long memory process behavior of international tourism market: Thailand and India |
| title_full_unstemmed | On tests for long memory process behavior of international tourism market: Thailand and India |
| title_short | On tests for long memory process behavior of international tourism market: Thailand and India |
| title_sort | on tests for long memory process behavior of international tourism market thailand and india |
| topic | Thailand India Long-memory process Tourism Market |
| url | https://ojs.lib.unideb.hu/apstract/article/view/7737 |
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