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Intra-Industry Trade in Tourism Services

Author

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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.

Suggested Citation

  • Nuno Carlos LEITÃO, 2011. "Intra-Industry Trade in Tourism Services," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(6(559)), pages 55-62, June.
    • Handle: RePEc:agr:journl:v:6(559):y:2011:i:6(559):p:55-62
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    Citations

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    Cited by:

    1. Kuldeep Kumar LOHANI, 2020. "Static and dynamic analysis of intra-industry trade of BRICS countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(625), W), pages 107-130, Winter.
    2. 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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