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This paper investigates the determinants of the relationship among Korean outbound tourism demand for Jeju Island and three other Asian island countries using the multivariate generalized autoregressive conditional heteroskedasticity (MGARCH) and Vector Error Correction (VEC) models. It is found...

Seo, J. H.; Park SungYong; Yu, L.
Elsevier Ltd, Oxford, UK
Tourism Management, 2009, 30, 4, pp 530-543