Publication
Intra-industry trade in tourism services
| 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. |
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| Main Authors: | Leitão, Nuno Carlos |
| Subject: | Tourism flows Intra-industry trade Grubel and Lloyd index Brülhart index Portugal |
| Year: | 2011 |
| Country: | Portugal |
| Document type: | article |
| Access type: | open access |
| Associated institution: | Instituto Politécnico de Santarém |
| Language: | English |
| Origin: | Repositório Científico do Instituto Politécnico de Santarém |
| 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. |
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