Economic Policy Uncertainty and Tourism in Croatia: A Wavelet Analysis

IF 1.3 4区经济学 Q3 ECONOMICS

Eastern European Economics Pub Date : 2022-08-18 DOI:10.1080/00128775.2022.2103434

Ender Demir, M. Bilgin, Gokhan Karabulut, A. C. Doker

引用次数: 2

Abstract

ABSTRACT By using wavelet analysis, we find that domestic Economic Policy Uncertainty (EPU) has short and long-term adverse effects on domestic tourism in Croatia. Domestic and global EPU (GEPU) have a negative relationship with foreign arrivals; however, the impact of domestic EPU on foreign arrivals is significantly bigger. The co-movements between nights of stay per domestic tourists and domestic EPU are positive in the short and the long run, while the relationship with GEPU is negative. Our findings for the foreign arrivals per tourist is the opposite of those for the domestic. There is a positive relationship between foreign arrivals per tourist and GEPU.

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克罗地亚经济政策不确定性与旅游业:小波分析

摘要通过小波分析，我们发现国内经济政策的不确定性对克罗地亚国内旅游业产生了短期和长期的不利影响。国内和全球EPU（GEPU）与外国入境者呈负相关；然而，国内EPU对外国游客的影响要大得多。从短期和长期来看，每位国内游客的住宿夜数与国内EPU之间的协同运动是积极的，而与GEPU之间的关系是消极的。我们对每位游客的外国游客人数的调查结果与国内游客的调查结果相反。每位游客的外国游客人数与GEPU之间存在正相关关系。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Eastern European Economics ECONOMICS-

CiteScore

2.20

自引率

9.10%

发文量

期刊介绍： Eastern European Economics publishes original research on the newly emerging economies of Central and Eastern Europe, with coverage of the ongoing processes of transition to market economics in different countries, their integration into the broader European and global economies, and the ramifications of the 2008-9 financial crisis. An introduction by the journal"s editor adds context and expert insights on the articles presented in each issue.