Tourism and Empirical Applications of International Trade Theory: A Multi-Country Analysis.

Webster, A., Fletcher, J., Hardwick, P. and Morakabati, Y., 2007. Tourism and Empirical Applications of International Trade Theory: A Multi-Country Analysis. Tourism Economics, 13 (4), pp. 657-674.

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Abstract

This paper examines the application of quantitative techniques to further our understanding of international trade theory with respect to tourism flows. The analyses are based on the construction of Balassa and Grubel-Lloyd Indices, as well as the construction of dynamic indices. The results of the analyses suggest that international trade theory has much to offer the study of international tourism flows. Many countries seem to specialize as both exporters and importers of tourism services. The analyses also explore the theoretical assertion that intra-industry trade is likely to be of importance in understanding international tourism flows.

Item Type:Article
ISSN:1354-8166
Subjects:Technology > Business, Management and Marketing
Social Sciences > Finance and Financial Economics
Group:Business School
ID Code:8763
Deposited By:INVALID USER
Deposited On:25 Jan 2009 09:20
Last Modified:07 Mar 2013 15:03

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