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L’impact du taux de change sur le tourisme en France

Author

Listed:
  • Guillaume Chevillon

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Xavier Timbeau

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

The reduction in the French trade balance observed since late 2001 has partly been caused by the weakness of the domestic tourism sector. Among potential explications thereof are the appreciation of euro; the post 9/11 trauma, and a possible decrease in the appeal of the French territory. We develop equilibrium correction models for the number of travelers in and out of the territory and their expenses. This helps us show that exchange rate variations are the main culprit as they account for over 60% of the reduction in the for tourism section of the balance of payments.

Suggested Citation

  • Guillaume Chevillon & Xavier Timbeau, 2006. "L’impact du taux de change sur le tourisme en France," SciencePo Working papers Main hal-03459195, HAL.
    • Handle: RePEc:hal:spmain:hal-03459195
    DOI: 10.3917/reof.098.0167
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-03459195
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    Cited by:

    1. Fernando Sánchez López & José Nabor Cruz Marcelo, 2019. "Kidnapping as a long-term factor for cruise tourism demand: Evidence from Mexico (El secuestro como factor de largo plazo para la demanda de turismo de cruceros: evidencia de México)," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, vol. 83(5), pages 185-217, September.
    2. Christian Stettler, 2017. "How do Overnight Stays React to Exchange Rate Changes?," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 153(2), pages 123-165, April.

    More about this item

    Keywords

    Tourisme; Taux de change; Balance commerciale;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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