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The Effect of EMU on Tourism

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Author Info
Salvador Gil-Pareja
Rafael Llorca-Vivero
José Antonio Martínez-Serrano

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Abstract

This paper estimates the effect of the euro on intra-EMU tourist flows by using a panel dataset of 20 OECD countries over the period 1995-2002. The results reveal that the euro has increased tourism, with an effect of around 6.5%. This is a noticeable impact given the early stage of the EMU analyzed. The robustness checks show that the evidence of a positive impact is quite widespread across EMU destination countries. Copyright © 2006 The Authors; Journal compilation © 2007 Blackwell Publishing Ltd.

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File URL: http://www.blackwell-synergy.com/links/doi/10.1111/j.1467-9396.2006.00620.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Review of International Economics.

Volume (Year): 15 (2007)
Issue (Month): 2 (05)
Pages: 302-312
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Handle: RePEc:bla:reviec:v:15:y:2007:i:2:p:302-312

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This page was last updated on 2009-12-19.


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