External shocks and tourist arrivals to Cambodia

Sohel Azad,ASM, Chheang,V and Ahsan,A 2014, External shocks and tourist arrivals to Cambodia, Tourism analysis, vol. 19, no. 3, pp. 311-321, doi: 10.3727/108354214X14029467968484.

Attached Files
Name Description MIMEType Size Downloads

Title External shocks and tourist arrivals to Cambodia
Author(s) Sohel Azad,ASMORCID iD for Sohel Azad,ASM orcid.org/0000-0002-8853-7157
Journal name Tourism analysis
Volume number 19
Issue number 3
Start page 311
End page 321
Publisher Cognizant Communication Corporation
Place of publication Putnam Valley, NY
Publication date 2014
ISSN 1083-5423
Keyword(s) External shocks
Random walk hypothesis
Unit root tests
Variance ratio tests
Summary This article investigates how external shocks affect tourist arrivals to Cambodia. The study relies on the random walk approach to test whether the shocks to tourist arrivals are temporary or persistent in nature. To facilitate the empirical investigation, the study applies and compares the results from different unit root tests and variance-ratio tests to the monthly tourists' arrival data from 1994 to December 2012. Both tests provide evidence of random walk hypothesis, implying that shocks to tourists' arrival to Cambodia have a persistent effect requiring short- to medium-term policies to combat the vulnerability due to those shocks. Public-private coordinated policies could reduce the impact, as we found that once the crisis (external shocks) is minimized, the magnitude of the shocks decays slowly.
Language eng
DOI 10.3727/108354214X14029467968484
Field of Research 150602 Tourism Forecasting
150699 Tourism not elsewhere classified
Socio Economic Objective 900301 Economic Issues in Tourism
HERDC Research category C1 Refereed article in a scholarly journal
ERA Research output type C Journal article
Copyright notice ©2014, Cognizant Communication Corporation
Persistent URL http://hdl.handle.net/10536/DRO/DU:30069030

Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
Connect to link resolver
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Version Filter Type
Citation counts: TR Web of Science Citation Count  Cited 0 times in TR Web of Science
Scopus Citation Count Cited 0 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 486 Abstract Views, 2 File Downloads  -  Detailed Statistics
Created: Wed, 14 Jan 2015, 18:28:09 EST

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.