The structure of tourist expenditure in Fiji : evidence from unit root structural break tests

Narayan, Paresh Kumar 2005, The structure of tourist expenditure in Fiji : evidence from unit root structural break tests, Applied economics, vol. 37, no. 10, pp. 1157-1161.

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Title The structure of tourist expenditure in Fiji : evidence from unit root structural break tests
Author(s) Narayan, Paresh Kumar
Journal name Applied economics
Volume number 37
Issue number 10
Start page 1157
End page 1161
Total pages 5
Publisher Routledge
Place of publication London, England
Publication date 2005-06
ISSN 0003-6846
1466-4283
Summary The central aim of this paper is to investigate whether shocks to Fiji's tourism industry have a permanent effect or a transitory effect on tourist expenditure in Fiji. To accomplish this aim the Zivot and Andrews (1992) one break test and the Lumsdaine and Papell (1997) two break tests are used. The one break and two break tests reveal 1987 - the year of the military coups in Fiji - as the year of the break. Moreover, it is possible to reject the unit root null leading to the conclusion that shocks to Fiji's tourism industry have a transitory effect on tourist expenditure in Fiji.
Language eng
Field of Research 140212 Macroeconomics (incl Monetary and Fiscal Theory)
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2005, Taylor and Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30024670

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