About: Modelling the volatility of international visitor arrivals to New Zealand

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An Entity of Type : schema:ScholarlyArticle, within Data Space : wasabi.inria.fr associated with source document(s)

Attributes	Values
type	Academic Article research paper schema:ScholarlyArticle
isDefinedBy	Covid-on-the-Web dataset
has title	Modelling the volatility of international visitor arrivals to New Zealand
Creator	Balli, Faruk Hong, Wai Ozer Balli, Hatice Tsui, Kan
Source	Elsevier; Medline; PMC
abstract	Abstract International visitor arrivals are considered to be a major source of foreign exchange, tourism-related employment and other tourism-related activities. This study used SARIMAX/(E)GARCH volatility models to forecast visitor arrivals by air transport to New Zealand from its eight key tourist source markets (Australia, Canada, China, Japan, South Korea, Germany, the United Kingdom (UK) and the United States (US)) and control macroeconomic factors together with global and regional structural changes. The empirical models reveal that the macroeconomic factors contributed at various levels to different markets, and the models we provided made accurate and reliable forecasts for visitor arrivals by air transport from all studied markets. The results from the markets for Germany, Japan, South Korea and the UK showed that significantly negative tourism demand shocks increased the volatility of tourism arrivals, more than positive tourism demand shocks of equal magnitude. Accordingly, the findings of this study will allow policy-makers in the New Zealand tourism sector and other stakeholders (e.g. airline management) to better understand the impacts on the volatility of visitor arrivals to New Zealand.
has issue date	2019-03-31(xsd:dateTime)
bibo:doi	10.1016/j.jairtraman.2018.10.002
bibo:pmid	32834689
has license	els-covid
sha1sum (hex)	5f9a87b9cf932142d715198dabdcb7ffc31cd858
schema:url	https://doi.org/10.1016/j.jairtraman.2018.10.002
resource representing a document's title	Modelling the volatility of international visitor arrivals to New Zealand
has PubMed Central identifier	PMC7148906
has PubMed identifier	32834689
schema:publication	Journal of Air Transport Management
resource representing a document's body	covid:5f9a87b9cf932142d715198dabdcb7ffc31cd858#body_text
is schema:about of	named entity 'arrivals' named entity 'macroeconomic' named entity 'tourism' named entity 'reveal' covid:arg/5f9a87b9cf932142d715198dabdcb7ffc31cd858 named entity 'KEY' named entity 'UNITED KINGDOM' named entity 'PROVIDED' named entity 'AIR TRANSPORT' named entity 'SOUTH KOREA' named entity 'EQUAL' named entity 'ACTIVITIES' named entity 'IMPACTS' named entity 'VOLATILITY' named entity 'ALLOW' named entity 'NEW ZEALAND' named entity 'SOURCE' named entity 'VARIOUS' named entity 'STRUCTURAL' named entity 'CONSIDERED' named entity 'RELATED' named entity 'EMPIRICAL MODELS' named entity 'FORECAST' named entity 'DIFFERENT' named entity 'SHOCKS' named entity 'TOURISM' named entity 'FOREIGN' named entity 'NEGATIVE' named entity 'STUDY' named entity 'LEVELS' named entity 'MODELS' named entity 'REGIONAL' named entity 'NEW ZEALAND' named entity 'UNITED STATES' named entity 'MODELLING' named entity 'INTERNATIONAL' named entity 'VISITOR' named entity 'MAKERS' named entity 'INTERNATIONAL' named entity 'POLICY' named entity 'AIRLINE' named entity 'VOLATILITY' named entity 'EMPLOYMENT' named entity 'REVEAL' named entity 'MANAGEMENT' named entity 'VISITOR' named entity 'INCREASED' named entity 'POSITIVE' named entity 'DEMAND' named entity 'CHANGES' named entity 'JAPAN' named entity 'BETTER' named entity 'MORE THAN' named entity 'MARKETS' named entity 'A MAJOR' named entity 'EXCHANGE' named entity 'MAGNITUDE' named entity 'RELIABLE' named entity 'GLOBAL' named entity 'SECTOR' named entity 'USED' named entity 'CONTROL' named entity 'TOURIST' named entity 'UNDERSTAND' named entity 'FINDINGS' named entity 'RESULTS' named entity 'GERMANY' named entity 'ITS' named entity 'ACCURATE' named entity 'global' named entity 'shocks' named entity 'New Zealand' named entity 'transport' named entity 'United States' named entity 'structural' named entity 'transport' named entity 'management' named entity 'visitor'

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