Please use this identifier to cite or link to this item: https://library.cbn.gov.ng:8443/jspui/handle/123456789/176
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dc.contributor.authorBankole, A. S.-
dc.contributor.authorBabatunde, M. A.-
dc.date.accessioned2018-06-19T14:58:48Z-
dc.date.available2018-06-19T14:58:48Z-
dc.date.issued2009-09-
dc.identifier.citationBankole, A. S., & Babatunde, M. A. (2009). A bound testing analysis of tourism demand in Nigeria. Economic and Financial Review, 47(3), 1–28.en_US
dc.identifier.issn1957-2968-
dc.identifier.urihttp://library.cbn.gov.ng:8092/jspui/handle/123456789/176-
dc.description.abstractThis study empirically examines aggregate tourism demand function for Nigeria using the time series data for the period 1995:QJ-2006:Q4. The total tourist arrivals into Nigeria are related to world income, relative prices and transportation cost. Bounds testing cointegration procedure proposed by Pesaran et al. (2001) is employed to compute the short and long-run elasticities of income, price, political stability and transportation cost variables and the CUSUM and CUSUMSQ is implemented for stability tests on the aggregate tourism demand function. The empirical results indicate that income, transportation cost, political stability and relative prices are the variables explaining the total tourist arrivals to Nigeria and a stable tourism demand function exists.en_US
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.language.isoenen_US
dc.publisherResearch Department, Central Bank of Nigeria.en_US
dc.relation.ispartofseriesEconomic and Financial Review;Vol. 47, No. 3-
dc.subjectTourism,en_US
dc.subjectBounds testing,en_US
dc.subjectAutoregressive Distributed Lag (ARDL),en_US
dc.subjectError Correction Term (ECM),en_US
dc.subjectNigeria.en_US
dc.titleA bound testing analysis of tourism demand in Nigeria.en_US
dc.typeArticleen_US
Appears in Collections:Economic and Financial Review

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