Asian Financial Crisis, Avian Flu and Terrorist Threats: Are Shocks to Malaysian Tourist Arrivals Permanent or Transitory

International visitor arrivals from Malaysia’s ten major source markets are examined using Lagrange Multiplier (LM) unit root tests with one and two structural breaks to ascertain if shocks to the time path of tourist arrivals are permanent or transitory. The LM unit root test with one break is able...

Full description

Bibliographic Details
Main Authors: Lean, Hooi Hooi, Smyth, Russell
Format: Text
Language:unknown
Published: Monash University 2017
Subjects:
Online Access:https://dx.doi.org/10.4225/03/593781fb7ef17
https://bridges.monash.edu/articles/journal_contribution/Asian_Financial_Crisis_Avian_Flu_and_Terrorist_Threats_Are_Shocks_to_Malaysian_Tourist_Arrivals_Permanent_or_Transitory/5085007