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Even though tourism has been recognized as one of the key sectors for the Thai economy, international tourism demand, or tourist arrivals, to Thailand have recently experienced dramatic fluctuations. The purpose of the paper is to investigate the relationship between the demand for international...
Persistent link: https://www.econbiz.de/10010627490
This paper estimates the effects of short and long haul volatility (or risk) in monthly Japanese tourist arrivals to Taiwan and New Zealand , respectively. In order to model appropriately the volatilities of international tourist arrivals, we use symmetric and asymmetric conditional volatility...
Persistent link: https://www.econbiz.de/10005041999
Prior to the recent Asian currency and economic crises, tourism from Asia had rapidly become Australia's major tourism export industry. Tourists from Singapore, which is Australia's fifth major market, represented 6% of international tourist arrivals to Australia in 1996. The average annual...
Persistent link: https://www.econbiz.de/10005187163
One of the primary challenges facing ecotourism management is to establish a profitable and ecologically sustainable industry, while simultaneously achieving a satisfying experience for visitors and raising standards of living in the host community. This paper analyses the management practices...
Persistent link: https://www.econbiz.de/10005187185
Though Thailand is the largest rice exporting country, its yield is relatively low. This might be a result of the under use of purchased input factors. Amongst other factors, high input prices and capital constraints could be some reasons. The latter could be removed by loans providing favorable...
Persistent link: https://www.econbiz.de/10005525289
In today’s markets, for manufacturing to remain competitive and productive, development and adoption of improved technology is imperative. Energy efficiency technology is a promising candidate as it can save on energy costs, thus shortening the investment payback period. In addition, it has...
Persistent link: https://www.econbiz.de/10010765524
The objectives of this paper are to evaluate production efficiency of farmer households and to analyze factors affecting production efficiency of farmer households being saving group members in upper northern areas. The data are collected from 399 farmer households in Chiang Mai and Chiang Rai...
Persistent link: https://www.econbiz.de/10010765552
The paper jointly evaluates the determinants of switching to Jasmine rice and its productivity while allowing for production inefficiency at the level of individual producers. Model diagnostics reveal that serious selection bias exists, justifying use of a sample selection framework in...
Persistent link: https://www.econbiz.de/10004992384
Following the rapid growth in the international debt of less developed countries in the 1970s and the increasing incidence of debt rescheduling in the early 1980s, country risk has become a topic of major concern for the international financial community. A critical assessment of country risk is...
Persistent link: https://www.econbiz.de/10005465294
This paper presents an aggregate production function of the generalized Fechner-Thurstone (GFT) form to analyze the impact of an important component of intellectual industrial property, namely patent activity, on technical change in the USA for the period 1947-1981. We define a...
Persistent link: https://www.econbiz.de/10005467424