首页    期刊浏览 2024年09月19日 星期四
登录注册

文章基本信息

  • 标题:The nature of the relationship between international tourism and international trade: the case of German imports of Spanish wine
  • 本地全文:下载
  • 作者:Fischer, Christian ; Gil-Alana, Luis A.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2007
  • 期号:suppl
  • 出版社:Journal of Agribusiness
  • 摘要:This paper deals with the relationship between international trade and tourism. In particular, we focus on the effect that German tourism to Spain has on German imports of Spanish wine. Due to the different stochastic properties of the series under analysis, which display different orders of integration, we use a methodology based on long memory regression models, where tourism is supposed to be exogenous. The results show that at the aggregate level, tourism has an effect on wine imports that lasts between two and nine months. Disaggregating the imports across the different types of wine it is observed that only for red wines from Navarra, Penedús and Valdepeñas, and to a certain extent for sparkling wine, tourism produces an effect on future import demand. From a policy-making perspective our results imply that the impact of tourism on the host economy is not only direct and short-term but also oblique and delayed, thus reinforcing the case for tourism as a means for economic development.
  • 关键词:international trade;tourism;long memory;Spanish wine
国家哲学社会科学文献中心版权所有