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External Trade, Tourism and Economic Integration in Latin America

Author

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  • Aguayo, Eva
  • Alvarez, Lia
  • Gardella, Rodrigo J.

Abstract

We analyse the positive effects of industry, external trade and tourism on economic development, with a comparative study of twenty-two Latin American countries and an especial reference to the case of MERCOSUR and Andean Community. Besides tourism the industrial evolution is also very important to improve the development of services through some intersectoral relations. Our econometric model shows an important positive impact on the services sector of the industry and the tourism, which is included in the exports of the sector services.

Suggested Citation

  • Aguayo, Eva & Alvarez, Lia & Gardella, Rodrigo J., 2003. "External Trade, Tourism and Economic Integration in Latin America," Economic Development 70, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    • Handle: RePEc:eaa:ecodev:70
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    References listed on IDEAS

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    1. Aguayo, Eva & Guisan, M.Carmen & Rodriguez, Xose Anton, 2001. "Impacto de la industria y el turismo sobre el crecimiento economico de las regiones españolas," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 1(1), pages 67-79.
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    More about this item

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • F15 - International Economics - - Trade - - - Economic Integration

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