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

Article English OPEN
Webster, Allan ; Fletcher, John ; Hardwick, Philip ; Morakabati, Y. (2007)
  • Subject: bmm | ffe

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.
  • References (22)
    22 references, page 1 of 3

    Balassa, B. (1965), 'Trade liberalisation and “revealed comparative advantage”', The Manchester School of Economic and Social Studies, Vol 33, pp 99-123.

    Ballance, R.H. (1988), 'Trade performance as an indicator of comparative advantage', in Greenaway, D., ed, Economic Development and International Trade, MacMillan, London, pp 199-221.

    Ballance, R., Forstner, H., and Murray, T. (1986), 'Consistency tests of alternative measures of comparative advantage', Review of Economics and Statistics, Vol 86, pp 157-161.

    Brülhart, M. (1994), 'Marginal intra-industry trade: measurement and relevance for the pattern of industrial adjustment', Weltwirtschaftliches Archiv, Vol 130, pp 600-613.

    Brülhart, M. (2001), 'Dynamics of intra-industry trade and labor-market adjustment', in Choi, E.K., and Greenaway, D., eds, Globalization and Labor Markets, Basil Blackwell, Oxford, pp 48-63.

    Butler, R.W. (1980), 'The concept of tourist area cycle of evolution: implication for management of resources', The Canadian Geographer, Vol 24, No 1, pp 5-16.

    Butler, R.W. (2006), The Tourism Area Life Cycle Volume 2, Conceptual and Theoretical Issues (Aspects of Tourism), Channel View Publications, Clevedon.

    Falvey, R.E. (1981), 'Commercial policy and international trade', Journal of International Economics, Vol 11, pp 495-511.

    Gooroochurn, N., and Sugiyarto, G. (2005), 'Competitiveness indicators in the travel and tourism industry', Tourism Economics, Vol 11, No 1, pp 25-43.

    Grubel, H.G., and Lloyd, P. J. (1975), Intra-Industry Trade, MacMillan, London.

  • Metrics
    No metrics available
Share - Bookmark