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Determinants of Volatility on International Tourism Demand for South Korea: An Empirical Note

id：2105 时间：20131014 status：published 点击数：
杂志Applied Economics Letters   2008, 1-7, iFirst
作者Sung Yong Park, and Sang Young Jei
正文This article examines volatility and its determinants of international tourism demand for Korea. Based on the exponential generalized autoregressive heteroskedasticity model, some evidences are found such that the leverage effects are presented in the tourism demand, and the determinants of volatility are country specific. The finding illustrates that the specific characteristics of a particular origin country should be taken into account to develop policies or plans for tourism industries.
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