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Long memory behavior in Singapore's tourism market
Journal article   Open access   Peer reviewed

Long memory behavior in Singapore's tourism market

Mohammad Al-Shboul and Sajid Anwar
International Journal of Tourism Research, Vol.19(5), pp.524-534
2017
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PDF - Author Accepted Version1.04 MBDownloadView
Accepted VersionPDF - Author Accepted Version Open Access
url
https://doi.org/10.1002/jtr.2125View
Published Version

Abstract

long memory tourist arrivals local Whittle impulse response function Singapore
Using non-parametric, semi-parametric and parametric estimation techniques, this paper investigates the presence of long memory in tourist arrivals to Singapore from eleven countries and four geographical regions. Empirical analysis of the monthly data from 1978 to 2012 shows that tourist arrivals to Singapore from all countries and regions is subject to long memory behavior. Analysis of the impulse response functions derived from an Auto regressive fractionally integrated moving average (ARFIMA) model shows evidence of persistence in tourist arrivals. Our analysis suggest that visitors consider Singapore as a long-term tourism destination and like to return to Singapore to relive their experiences.

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Hospitality, Leisure, Sport & Tourism

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#11 Sustainable Cities and Communities

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