Daily Tourist Arrivals, Exchange Rates and Voatility for Korea and Taiwan

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Chia-Lin Chang; Michael Mcaleer;
(2009)
  • Subject: Korean Tourist Arrivals, Exchange Rates, Approximate Price Effects, Global Financial Crisis, Asian Economic and Financial Crises, GARCH, GJR, EGARCH, HAR, Approximate Long Memory, Asymmetry, Leverage
    • jel: jel:F31 | jel:C22 | jel:G32 | jel:G18

Both domestic and international tourism are a major source of service export receipts for many countries worldwide, and is also increasingly important in Taiwan. One of the three leading tourism source countries for Taiwan is the Republic of Korea, which is a source of ... View more
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