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Abstract

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...

Author(s)
Seo, J. H.; Park SungYong; Yu, L.
Publisher
Elsevier Ltd, Oxford, UK
Citation
Tourism Management, 2009, 30, 4, pp 530-543
Abstract

Using the quantile autoregressive model, this paper investigates international inbound tourism demand for South Korea and its determinants. In contrast to previous studies which have dealt with the conditional mean only, the authors examine the effects of covariates at various conditional quantile...

Author(s)
Li HaiQi; Park SungYong; Seo, J. H.
Publisher
IP Publishing Limited, London, UK
Citation
Tourism Economics, 2011, 17, 5, pp 997-1015
Abstract

This article examines volatility and its determinants of international tourism demand for Korea. Based on the exponential generalized autoregressive heteroskedasticity model, some evidences are found such that the leverage effects are presented in the tourism demand, and the determinants of...

Author(s)
Park SungYong; Jei, S. Y.
Publisher
Routledge, Taylor & Francis, London, UK
Citation
Applied Economics Letters, 2010, 17, 1/3, pp 217-223