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Intra-Industry Trade in Tourism Services

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  • Nuno Carlos LEITÃO

    (Polytechnic Institute of Santarém and CEFAGE- UE, Portugal)

Abstract

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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Bibliographic Info

Article provided by Asociatia Generala a Economistilor din Romania - AGER in its journal Theoretical and Applied Economics.

Volume (Year): XVIII(2011) (2011)
Issue (Month): 6(559) (June)
Pages: 55-62

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Handle: RePEc:agr:journl:v:6(559):y:2011:i:6(559):p:55-62

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Related research

Keywords: tourism flows; intra-industry trade; Grubel and Lloyd index; Brülhart index; Portugal.;

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Cited by:
  1. Mitchell Kellman & Mitchell Yochanan Shachmurove, 2012. "Trade Sophistication in a Transition Economy: Poland 1980–2009," Working Papers 64, Department of Applied Econometrics, Warsaw School of Economics.

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