15-129/III - The Fundamental Equation in Tourism Finance

• Author
  Michael McAleer, National Tsing Hua University, Taiwan; Erasmus University Rotterdam, the Netherlands; Complutense University of Madrid, Spain
• Publication date
  November 23, 2015

• Keywords
  Tourism research, tourism finance, growth in tourism, returns on tourism, volatility, fundamental equation, empirical finance, financial econometrics.
• JEL
  C22, C32, C58, G32