Chang, Chia-Lin; Khamkaew, Thanchanok; McAleer, Michael; … - Institute of Economic Research, Kyoto University - 2010
has been conducted to evaluate the role of international tourism, and its associated volatility, within and across various … economies. This paper applies several recently developed models of multivariate conditional volatility to investigate the … interdependence of international tourism demand, as measured by international tourist arrivals, and its associated volatility in the …