Technical Analysis of Tourism Price Process in the Eurozone

This study is a specific contribution to investigating normalities in prices well-established cointegrated vector autoregressive model (VAR). While the role of computational economics has been investigated, real vis-à-vis nominal decision process neglected. The paper investigates transition from time-series without losing information data set when deflating or de-seasonalizing. likelihood approach based on careful specifications (co)integration characteristics tourism prices. results confirm that transmission Eurozone positively impacts Slovenian spatial consolidated VAR used. theoretical-conceptual and empirical twofold: first, develops empirically applies bona fide divisor normality consolidation for levels instead routinely utilised inflation integers, second, introduces perfection long-run treatment.