Do volatilities in tourism arrivals and foreign aids matter for GDP volatility in Cambodia? Partial and vector coherence wavelet models

被引:4
|
作者
Das, Narasingha [1 ]
Gangopadhyay, Partha [2 ]
Isik, Cem [1 ,3 ,6 ,7 ]
Alvarado, Rafael [4 ]
Ahmad, Munir [5 ]
机构
[1] Lebanese Amer Univ, Byblos, Lebanon
[2] Western Sydney Univ, Penrith, Australia
[3] Anadolu Univ, Eskisehir, Turkiye
[4] Univ Espiritu Santo, Guayaquil, Ecuador
[5] Ningbo Univ Finance & Econ, Ningbo, Peoples R China
[6] Anadolu Univ, Fac Econ & Adm Sci, Dept Econ, TR-26470 Eskisehir, Turkiye
[7] Lebanese Amer Univ, Adnan Kassar Sch Business, Byblos, Lebanon
关键词
foreign aid volatility; GDP volatility; partial wavelet coherence; tourism volatility; vector wavelet coherence; Z3; Z32; E32; F35; ECONOMIC-GROWTH; EMPIRICAL-EVIDENCE; TIME; RECEIPTS; PATTERNS; DEMAND; CYCLES; TRADE;
D O I
10.1177/13548166231208471
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this research note is to investigate the nexus between volatility in international tourist arrivals, volatility in foreign aids and gross domestic product (GDP) volatility in Cambodia over the period of 1993-2018 by using partial and vector coherence wavelet models. The partial wavelet coherence models show that volatility in tourist arrival has strong impacts on GDP volatility across all time and frequency domains. Secondly, we find from the vector wavelet coherence plots strong and significant coherence between GDP volatility and volatility in overseas development assistance to Cambodia across all time and frequency domains.
引用
收藏
页码:1624 / 1633
页数:10
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