The economics of small island tourism international demand and country risk analysis / [electronic resource] :
Riaz Shareef, Suhejla Hoti, Michael McAleer.
- Cheltenham, Glos, U.K. ; Northampton, Mass. : Edward Elgar, c2008.
- 1 online resource (xvi, 332 p.) : ill.
- Fondazione Eni Enrico Mattei (FEEM) series on economics, the environment and sustainable development .
- Fondazione Eni Enrico Mattei (FEEM) series on economics, the environment and sustainable development. .
Includes bibliographical references and index.
1. Introduction -- 2. Salient features of small island tourism economies -- 3. A survey of empirical analysis in tourism demand -- 4. Economic profiles, tourism composition and trends in country risk in small island tourism economies -- 5. Models of symmetric and asymmetric conditional volatility : structure, asymptotic theory and applications to tourism demand -- 6. Modelling uncertainty in international tourist arrivals to Maldives -- 7. Modelling country risk and volatility in small island tourism economies -- 8. Conclusion.
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.