Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267239 
Year of Publication: 
2022
Series/Report no.: 
CESifo Working Paper No. 10006
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
This paper examines tourism persistence in a group of Southeastern European (SEE) countries (Albania, Bosnia, Bulgaria, Croatia, Montenegro, North Macedonia, Serbia and Slovenia) by applying fractional integration methods to monthly data on foreign tourist arrivals and overnight stays. The results indicate that the COVID-19 pandemic has increased the degree of persistence of the series examined and also reduced the importance of their seasonal component.
Subjects: 
SEE
Covid-19
fractional integration
persistence
shocks
tourism
JEL: 
C13
C22
L83
N74
Z32
Document Type: 
Working Paper
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