Intra-Industry Trade in Tourism Services
Usually the tourism flows are explained by demand, economic growth, and revealed comparative advantage (neoclassic trade theory). This manuscript examines the link between intra-industry trade and international tourism flows. We have examined the Portuguese intra-industry trade in this sector. The a...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2011-06-01
|
| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/601.pdf
|
| Summary: | Usually the tourism flows are explained by demand,
economic growth, and revealed comparative advantage (neoclassic trade
theory).
This manuscript examines the link between intra-industry trade and
international tourism flows. We have examined the Portuguese intra-industry
trade in this sector. The analysis apply the static (Grubel and Lloyd) and
dynamic index (Brülhart). Our results show that the tourism services are
important for a small economy such as Portugal. The intra-industry trade is
very significant between Portugal and the following countries: Spain, USA,
Italy, Greece, Turkey and Canada. |
|---|---|
| ISSN: | 1841-8678 1844-0029 |