The Influence of Economic Policy Uncertainty on Piigs Tourism: Evidence from Three-dimensional Wavelet Analyses

• Tsung-Pao Wu ^[1] ; Hung-Che Wu ^[5] ; Cheng-Feng Wu ^[2] ; Cheng-Yong Liu ^[3] ; Haotong Wu ^[4]
  1. [1] Beijing Institute of Technology

     Beijing Institute of Technology

     China

     
  2. [2] Hubei University Of Economics

     Hubei University Of Economics

     China

     
  3. [3] Jimei University

     Jimei University

     China

     
  4. [4] University of Edinburgh

     University of Edinburgh

     Reino Unido

     
  5. [5] University of Nevada, Las Vegas

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• Localización: Tourism analysis, ISSN 1083-5423, Vol. 27, Nº. 1, 2022, págs. 19-27
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • This article aims at examining the relationship between economic policy uncertainty and tourism activities in Portugal, Ireland, Italy, Greece, and Spain using a three-dimensional wavelet analysis. Empirical results display that the relationships among the variables evolve through time and frequencies. The study finding reveals strong evidence of the relationships between these variables in terms of time domains. From the perspective of frequency domains, significant wavelet coherence and strong lead-lag relationships change over time are displayed in this study, indicating low to high frequency cycles over the whole sample period.