UK overseas visitors: Seasonality and persistence

• Caporale, Guglielmo Maria ^[1] ; Gil-Alana, Luis Alberiko ^[2]
  1. [1] Brunel University London

     Brunel University London

     Hillingdon, Reino Unido

     
  2. [2] Universidad de Navarra

     Universidad de Navarra

     Pamplona, España

     
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 25, Nº. 5, 2019, págs. 827-831
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This article analyses seasonality and persistence in the number of UK overseas visitors applying a fractional integration framework to (monthly and quarterly) data from 1986 to 2017. The results indicate that long memory is present in the series and the degree of persistence is higher for seasonally adjusted data, with shocks having transitory but long-lasting effects.