The Economics of Small Island Tourism: International Demand and Country Risk Analysis

by Michael McAleer, Riaz Shareef, Suhejla Hoti, et al.

This study forms an entirely new area of research on Small Island Tourism Economies (SITEs). It addresses the importance of uncertainty in monthly international tourist arrivals and country risk indicators to the macroeconomy. Conditional volatilities are estimated for international tourist arrivals, and an economic interpretation from the estimated results is provided. In achieving these two objectives, this work presents an extensive assessment...

• Format: Hardcover
• Language: English
• ISBN: 1847206492
• ISBN13: 9781847206497
• Release Date: October 2008
• Publisher: Edward Elgar Publishing
• Length: 352 Pages