A model of export supply response of the Australian citrus industry is developed and estimated using cointegration and error correction techniques and quarterly data for the period 1983 to 1993. The estimates suggest that, even in the long run, the supply of citrus exports is inelastic with...

This paper investigates, for the first time, whether there is a relationship between international trade and international travel flows using time series econometric techniques. Using data for Australia and four important travel and trading partners, the USA, the UK, NZ and Japan, the paper...

China is currently expecting a growth in inbound travel demand as the result of China's “open door policy,” participation in World Trade Organization (WTO), success in hosting the Olympics in Beijing in the year 2008 and political stability. This paper focused on two issues: (1) forecasting...

Within the multiplicative seasonal ARIMA modeling context, there are two forecasting models, RIMA14 and ARIMA1. ARIMA14 is used for modeling stochastic nonstationary seasonality and requires first and fourth differences to achieve stationarity. ARIMA1 considers the series only in first...