This paper investigates the volatility and dependence of Chinese tourism demand for Singapore, Malaysia, and Thailand (SMT) destinations, using the vine copula based auto regression moving average-generalized autoregressive conditional heteroskedasticity (ARMA-GARCH) model. It is found that a jolt to the tourist flow can have long-standing ramifications for the SMT countries. The estimation of ...

Partial correlation vines and the onion method are presented for generating random correlation matrices. As a special case, a uniform distribution over the set of d× d positive definite correlation matrices obtains. Byproducts are: (a) For a uniform distribution over the space of d × d correlation matrices, the marginal distribution of each correlation is Beta(d/2, d/2) on (−1, 1). (b) An ident...

The mountain environment is perceived today by vine-growers as a strong structural constraint. Yet in the current context of climate change, in which we turn to genetics, irrigation or innovation in cultural practices to maintain production quality, could the mountain environment emerge as a solution for adapting to climate change in vine-growing? Here we explore the role of cooperative policie...

The identification of an appropriate multivariate copula for capturing the dependence structure in multivariate data is not straightforward. The reason is because standard multivariate copulas (such as the multivariate Gaussian, Student-t, and exchangeable Archimedean copulas) lack flexibility to model dependence and have other limitations, such as parameter restrictions. To overcome these prob...

It has been shown that vine copulas constructed from bivariate t copulas can provide good fits to multivariate financial asset return data. However, there might be stronger tail dependence of returns in the joint lower tail of assets than the upper tail. To this end, vine copula models with appropriate choices of bivariate reflection asymmetric linking copulas will be used to assess such tail a...

BACKGROUND Kudzu (Pueraria thunbergiana) root has long been used in Traditional Chinese Medicine. However, the vine of the kudzu plant has been considered waste material. This study aimed to investigate the hepatoprotective properties of the kudzu vine. METHODS We created 0 %, 30 %, 70 %, and 95 % ethanolic kudzu vine extracts. The isoflavone contents of kudzu vine extract were quantified by ...

the present study was carried out in order to test the effect of grapevine rootstocks root growth on biomass and leaf nutrition status in extreme soil conditions. own rooted cuttings of rootstocks fercal, teleki kober 5bb, georgikon 28 and four new rootstock hybrids from the breeding program of georgikon faculty, hungary (fb01, jb01, zamor 17 and szf10) were grown 3 months in pots. the 5 l pots...