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Testing convergence of Fiji's tourism markets

Narayan, Paresh 2007, Testing convergence of Fiji's tourism markets, Pacific economic review, vol. 12, no. 5, pp. 651-663.

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Title Testing convergence of Fiji's tourism markets
Author(s) Narayan, Paresh
Journal name Pacific economic review
Volume number 12
Issue number 5
Start page 651
End page 663
Publisher Wiley-Blackwell Publishing
Place of publication Richmond, Vic.
Publication date 2007-11
ISSN 1361-374X
1468-0106
Keyword(s) tourism markets
visitor arrivals
Summary The convergence hypothesis for tourism markets is based on the tenet that when tourism markets are converging the difference between total international visitor arrivals to a country and international visitor arrivals from a particular country will be stationary. We argue that if this is true, then convergence can also be tested through examining whether total visitor arrivals and visitor arrivals from a particular market are cointegrated. We test the convergence hypothesis by examining visitor arrivals to Fiji from eight tourist source markets, using both unit root and cointegration tests. We find strong statistical evidence that Fiji's tourism markets converge.
Language eng
Field of Research 140305 Time-Series Analysis
159999 Commerce, Management, Tourism and Services not elsewhere classified
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2007, Blackwell Publishing
Persistent URL http://hdl.handle.net/10536/DRO/DU:30007773

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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