source of international tourism. In order to understand the risk persistence of Chinese tourists, the paper investigates the … empirical analysis is from 1 January 2013 to 28 February 2018. McAleer's (2015) fundamental equation in tourism finance is used …-type tourists. These results suggest that Taiwan tourism authorities should act to prevent the negative shocks for the Group …

This paper investigates the stock returns and volatility size effects for firm performance in the Taiwan tourism … industry, especially the impacts arising from the tourism policy reform that allowed mainland Chinese tourists to travel to …

the Taiwan tourism industry. The analysis is based on two conditional multivariate models, BEKK–AGARCH and VARMA … exchange rate to firm performance. Specifically, the risk for firm size has different effects from the three leading tourism …