UK overseas visitors: Seasonality and persistence
Keywords: 
Long memory
Persistence
Seasonality
UK overseas visitors
Issue Date: 
2019
Publisher: 
SAGE Publications
ISSN: 
1354-8166
Note: 
Attribution 4.0 International (CC BY 4.0)
Citation: 
Caporale, G.M. (Guglielmo M.); Gil-Alana, L.A. (Luis A.). "UK overseas visitors: Seasonality and persistence". Tourism Economics. 5 (25), 2019, 827 - 831
Abstract
This article analyses seasonality and persistence in the number of UK overseas visitors applying a fractional integration framework to (monthly and quarterly) data from 1986 to 2017. The results indicate that long memory is present in the series and the degree of persistence is higher for seasonally adjusted data, with shocks having transitory but long-lasting effects.

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