Abstract
The Croatian tourism sector has been affected by a number of negative and positive shocks since the beginning of the 1990s. To examine the impact of shocks on tourism, the authors employ fractional integration techniques as a means to gauge the degree of persistence of such shocks. Based on monthly data from January 1995 to December 2013, they find that the respective tourism indicators contain seasonal unit roots. An examination of the seasonally differenced tourism time series reveals that the fractional differencing parameter,
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