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Is Tourism Just Another Commodity? Links between Commodity Trade and Tourism

Author

Listed:
  • T. Easton, Stephen

    (Simon Fraser University)

Abstract

Commodity trade and international tourism may be linked through substitu - tion on the supply side or by substitution or complementarity on the demand side. Simple correlation reveals a positive association between international tourism to and commodity exports from Canada. A model incorporating both tourism and exports provides evidence of substitutability between them. Such a link implies that export promotion or tourism promotion may work at cross purposes.

Suggested Citation

  • T. Easton, Stephen, 1998. "Is Tourism Just Another Commodity? Links between Commodity Trade and Tourism," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 13, pages 522-543.
    • Handle: RePEc:ris:integr:0085
    as

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    Citations

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    Cited by:

    1. Christian Fischer & Luis Gil-Alana, 2009. "The nature of the relationship between international tourism and international trade: the case of German imports of Spanish wine," Applied Economics, Taylor & Francis Journals, vol. 41(11), pages 1345-1359.
    2. María Santana-Gallego & Francisco Ledesma-Rodríguez & Jorge V. Pérez-Rodríguez, 2011. "Tourism and Trade in Small Island Regions: The Case of the Canary Islands," Tourism Economics, , vol. 17(1), pages 107-125, February.
    3. María Santana-Gallego & Francisco J. Ledesma-Rodríguez & Jorge V. Pérez-Rodríguez, 2007. "On the impact of exchange rate regimes on tourism," Working Papers 07-07, Asociación Española de Economía y Finanzas Internacionales.
    4. K. G. Suresh & Aviral Kumar Tiwari, 2018. "Does international tourism affect international trade and economic growth? The Indian experience," Empirical Economics, Springer, vol. 54(3), pages 945-957, May.
    5. Gil-Alana, Luis A. & Fischer, Christian, 2007. "International traveling and trade: further evidence for the case of Spanish wine based on fractional VAR specifications," 105th Seminar, March 8-10, 2007, Bologna, Italy 7859, European Association of Agricultural Economists.
    6. María Santana-Gallego & Francisco Ledesma-Rodríguez & Jorge Pérez-Rodríguez, 2011. "Tourism and trade in OECD countries. A dynamic heterogeneous panel data analysis," Empirical Economics, Springer, vol. 41(2), pages 533-554, October.
    7. María Santana-Gallego & Francisco J. Ledesma-Rodríguez & Jorge V. Pérez-Rodríguez, 2010. "Exchange Rate Regimes and Tourism," Tourism Economics, , vol. 16(1), pages 25-43, March.
    8. Christian Fischer & Luis Alberiko Gil-Alana, 2005. "The Nature of the Relationship between International Tourism and International Trade: The Case of Ge," Faculty Working Papers 15/05, School of Economics and Business Administration, University of Navarra.
    9. Hyunduk Suh & Sung-Bum Kim, 2018. "The Macroeconomic Determinants of International Casino Travel: Evidence from South Korea’s Top Four Inbound Markets," Sustainability, MDPI, vol. 10(2), pages 1-18, February.

    More about this item

    Keywords

    Tourism; Commodity Trade;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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