Intra-Tourism Trade in Europe

Nowak, Jean-Jacques and Petit, Sylvain and Sahli, Mondher (2013): Intra-Tourism Trade in Europe. Published in: Tourism Economics , Vol. 18, No. 6 (2013): pp. 1287-1311.

Abstract

The purpose of this paper is to contribute to our understanding of the empirics of trade in tourism services by studying bilateral intra-tourism trade for a sample of 14 member states of the European Union during the period 2000–2004. The authors apply the most up-to-date and robust method available in the literature to distinguish vertically and horizontally differentiated products: the Azhar and Elliott method (2006). The results clearly show that, contrary to conventional wisdom, a large proportion of European countries simultaneously exports and imports comparable amounts of tourism services. Moreover, the predominance of vertical differentiation in these intra-tourism flows suggests that international specialization is taking place in Europe within the tourism sector itself, along the spectrum of quality.

• Item Type: MPRA Paper
• Language: English
• Keywords: bilateral tourism flows; two-way trade; vertical intraindustry; vertical differentiation; tourism services; Europe
• Subjects: C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs > C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; Data Access; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade; L - Industrial Organization > L8 - Industry Studies: Services > L83 - Sports ; Gambling ; Restaurants ; Recreation ; Tourism

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