Intra-industry trade in tourism services

Leitão, Nuno Carlos

http://hdl.handle.net/10400.15/468

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Authors

Leitão, Nuno Carlos

Abstract(s)

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.

Keywords

Tourism flows Intra-industry trade Grubel and Lloyd index Brülhart index Portugal

URI

http://hdl.handle.net/10400.15/468

Citation

LEITÃO, Nuno Carlos - Intra-industry trade in tourism services. Theoretical and Applied Economics. ISSN 1841-8678. 18:6 (2011) 55-62

Publisher

General Association of Economists from Romania

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