Identificador persistente para citar o vincular este elemento: http://hdl.handle.net/10553/41403
Título: International trade and tourism flows: An extension of the gravity model
Autores/as: Santana-Gallego, María
Ledesma-Rodríguez, Francisco J.
Pérez-Rodríguez, Jorge V. 
Clasificación UNESCO: 53 Ciencias económicas
Palabras clave: Gravity equation
Intensive and extensive margin
International trade
Tourism
Fecha de publicación: 2016
Publicación seriada: Economic Modelling 
Resumen: The empirical relationship between trade and tourism has been explored during recent years finding that international tourism promotes international trade between countries. However, the impact of tourism on trade flows has been neglected within standard international trade models such as the gravity equation. The main aim of this paper is to provide empirical and theoretical evidence that tourism matters for international trade. To that end, the framework proposed by Helpman, Melitz and Rubinstein (2008) is used by recognising that tourism flows could reduce fixed and variable costs of exporting. Moreover, once the model is estimated, the empirical evidence suggests that tourism increases both the probability of two countries trading with each other and the volume of international trade between them.
URI: http://hdl.handle.net/10553/41403
ISSN: 0264-9993
DOI: 10.1016/j.econmod.2015.10.043
Fuente: Economic Modelling[ISSN 0264-9993],v. 52, p. 1026-1033
Colección:Artículos
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