ON TESTS FOR LONG MEMORY PROCESS BEHAVIOR OF INTERNATIONAL TOURISM MARKET: THAILAND AND INDIA

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dc.creatorSriboonchitta, Songsak
dc.creatorChaitip, Prasert
dc.creatorBalogh, Peter
dc.creatorKovacs, Sandor
dc.creatorChaiboonsri, Chukiat
dc.date2017-04-01T14:08:57Z
dc.date.accessioned2026-07-09T05:36:04Z
dc.descriptionIn our research we examine the behaviour of both Thailand’s and India’s international tourism market by using long-memory analysis. The international tourism market of Thailand combined with seven groups such as East Asia, Europe, The Americas, South Asia, Oceania, Middle East and Africa. Similarly, the international tourism market of India combined with nine countries: USA, UK, Canada, Germany, France, Japan, Malaysia, Australia and Sri Lanka. Moreover, three statistical tests for long-memory process such as R/S test, Modified R/S test and GPH-test are employed to study these markets. The empirical findings in general provide more support for long memory process in international tourism market of Thailand and evidence for short-term dependence in international tourism market of India. Therefore, the policy makers of each country should understand the behaviour of long memory process in international tourism market before launching any stimulating campaign to this industry.
dc.identifierdoi:10.22004/ag.econ.104679
dc.identifierhttps://ageconsearch.umn.edu/record/104679/files/16_On%20Tests%20for%20Long%20Memory_Apstract.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/104679
dc.identifier.urihttp://hdl.handle.net/123456789/565891
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/104679
dc.titleON TESTS FOR LONG MEMORY PROCESS BEHAVIOR OF INTERNATIONAL TOURISM MARKET: THAILAND AND INDIA
dc.typeText

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