This article introduces ‘Granger Causality in Tourism Analysis for Slovenia andMontenegro.’ Included within are comparisons of the tourism ledgrowth in these countries between December 2007–June 2015. The focus of the analysis is directed towards gross domestic product and tourist arrivals...

This study is a specific contribution to investigating normalities in prices to a well-established cointegrated vector autoregressive model (VAR). While the role of prices in computational economics has been investigated, the real prices vis-à-vis nominal prices in the decision process has been...

The paper's primary purpose is to better monitor shocks; therefore, reliable scientific methods should be used to predict, monitor, and implement those events. In this paper, tourism prices are studied as an economic, I(2) and social phenomenon for better performance. The selection of...

The purpose of this paper is to provide an insight into the modelling and forecasting of unknown events or shocks that can affect international tourist arrivals. Time-dependence is vital for summarising scattered findings. The usefulness of econometric forecasting has been recently confirmed by...