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Keywords: Cointegration
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Journal Articles
Applied Economic Analysis (2021) 29 (86): 171–188.
Published: 09 April 2021
... set includes the top 26 countries that host 10 million tourists and above in the world as of 2017. The standard errors of the series are used as an indicator of shocks. First, the cross-sectional dependency, stationarity and the homogeneity of the series are examined; second, a panel cointegration...

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