The ECT has a coefficient of 0.68, and it is statistically highly significant, revealing that the system will converge to a long-run equilibrium path, with a 68% speed of adjustment annually or the system will take less than two years to reach its equilibrium path in case of disturbance in the system.
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Assessing the COVID-19 pandemic impact on tourism arrivals: The role of innovation to reshape the future work for sustainable development
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