Fiji's Tourism Demand: The ARDL Approach to Cointegration

By Paresh Kumar Narayan. 2004

333 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/fae88b9c88bead5253bfe893caae8d71a64cf0bf

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Citations in the corpus

Asymmetric impact of oil prices, exchange rate, and inflation on tourism demand in Pakistan: new evidence from nonlinear ARDL (2018, methodology): “For example, Narayan (2004), Cheung and Law (2001), and Dwyer, Forsyth, and Rao (2000) used HPI (i.e. Hotel Price Index), SPI (i.e. Service Price Index), and the average price of transport, food, entertainment, accommodation, and so on, respectively.”
Testing the efficacy of the economic policy uncertainty index on tourism demand in USMCA: Theory and evidence (2020, methodology): “Narayan (2004) used ARDL (autoregressive distributed lag) model needing no prior knowledge about the integration properties of the variables.”
The determinants of inbound tourism to Malaysia: a panel data analysis (2017, background): “(Hiemstra & Wong, 2002; Li et al., 2005; Narayan, 2004) and marketing expenditures (Crouch et al.”
How strong is the linkage between tourism and economic growth in Europe (2015, background): “that it is the tourism sector which is affected by economic fluctuations (Narayan, 2004; Oh, 2005; Payne and Mervar, 2010; Tang, 2011).”
A literature review on the tourism-led-growth hypothesis (2010, positive): “Finally, a unidirectional temporal relationship running from economic growth to tourism growth is detected for Fiji, Tonga, Solomon Islands and Papua New Guinea (Naryan et al., 2010) and African countries (Lee and Chang, 2008).”
Economic Impact of Tourism on Fiji's Economy: Empirical Evidence from the Computable General Equilibrium Model (2004, background): “There is now a large literature on the impact of this instability on Fiji’s tourism industry (see Narayan, 2000; Narayan 2003b; Narayan, 2004).”
The Tourism Development–Quality of Life Nexus in a Small Island Destination (2016, methodology): “According to Pesaran and Shin (1997), the SBIC performs slightly better over the AIC as an ARDL lag selection criterion.”
A dynamic panel data analysis of snow depth and winter tourism (2010, background): “4 For recent exceptions in applications of dynamic panel models in the previous literature of tourism demand, see Kuo, Chen, Tseng, Ju, and Huang (2008), Garı́nMuñoz (2006), Garı́n-Muñoz and Montero-Martı́n (2007) and Narayan (2004).”
Tourism Demand Forecasting: A Time Varying Parameter Error Correction Model (2006, background): “Recent applications of other ECMs to tourism demand analysis include Dritsakis (2004), Lim and McAleer (2001, 2002), Narayan (2004), and Webber (2001).”
A Meta-Analysis of International Tourism Demand Elasticities (2013, background): “Some studies opt to use specific tourism price variables, such as service price indexes (Cheung and Law 2001), hotel price indexes (Narayan 2004), or the weighted prices of food, accommodation, transport, entertainment, and other services (Dwyer, Forsyth, and Rao 2000).”
The structure of tourist expenditure in Fiji: evidence from unit root structural break tests (2005, methodology): “Empirical evidence suggests that in the year of coup visitor arrivals from Australia, New Zealand and the United States fall by 20%, 25% and 47%, respectively (Narayan, 2004b).”
Has the tourism-led growth hypothesis been validated? A literature review (2016, methodology): “An additional time series approach used is the ARDL employed by Narayan (2004) for Fiji, Katircioglu (2009a, 2009b, 2009c) for Cyprus, Malta and Turkey, Kibara et al. (2012) for Kenya, Tang and Abosedra (2012) for Lebanon, Srinivasan et al. (2012) for Sri Lanka, Sarmidi and Salleh (2011), Othman et ”
New insights into an old issue – examining the influence of tourism on economic growth: evidence from selected small island developing states (2019, background): “These are significant impacts relative to what has been recorded by Narayan et al. (2010) who obtained 0.”
Tourism and Economic Growth: A Panel Data Analysis for Pacific Island Countries (2010, background): “Fiji has had four coups in 20 years and each time tourism arrivals fell drastically and it took the industry several years to recover (see Narayan, 2004a, 2005a,b).”
Impact of terrorism on tourism in Turkey: empirical evidence from Turkey (2010, background): “Hence, it requires no a priori knowledge about the integration properties of the variables (Narayan, 2004).”
Determinants of Inbound Tourism to South Africa (2008, background): “…factors influence tourism demand and should be considered in the demand model (see, for example, Crouch, 1995; Smeral and Witt, 1996; Lim, 1997b; Mudambi and Baum, 1997; Narayan, 2004; and Smith, 2006): • Income – higher income in the origin country leads to a higher demand for travel and tourism.”