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This paper develops a gravity model framework to estimate the impact of infectious diseases on bilateral tourism flows among 38,184 pairs of countries over the period 1995-2017. The results confirm that international tourism is adversely affected by disease risk, and the magnitude of this...
Persistent link: https://www.econbiz.de/10012827591
This paper uses an augmented gravity model framework to investigate the historical impact of infectious diseases on international tourism and develops an out-of-sample prediction model. Using bilateral tourism flows among 38,184 pairs of countries during the period 1995–2017, I compare the...
Persistent link: https://www.econbiz.de/10014358459
model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect … to GDP of the origin (importing) country is lower than for goods trade. Tourism flows respond strongly to changes in the …, bilateral trade) due to the larger share of business travel. Tourism to small islands is less sensitive to changes in the …
Persistent link: https://www.econbiz.de/10013053035
This paper provides the first comprehensive empirical analysis of agricultural trade using a gravity model. The data … set covers bilateral trade in agricultural goods for 152 countries over the periods 1990-93 and 1999-2002. The estimations … geographic determinants of trade. However, some developing regions that are often thought to be the main victims of industrial …
Persistent link: https://www.econbiz.de/10012752468
trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity … multilateral resistance terms with which to capture the comparative static effects of changes in trade costs. For isolated … bilateral changes in trade frictions, multilateral resistance effects are small for most countries. However, if all countries …
Persistent link: https://www.econbiz.de/10013085999
The Cuban revolution and the subsequent US embargo on Cuba helped shape the tourism sector in the Caribbean, facilitating the birth and growth of alternative destinations. Therefore, the apprehension of the Caribbean tourism industry towards a change in US travel policy to Cuba is...
Persistent link: https://www.econbiz.de/10012956504
This paper investigates the asymmetries in trade spillovers from sector-specific technology shocks in China to selected … euro area countries. We use a Ricardian-gravity trade model to estimate sectoral competitiveness in individual euro area … different specialization patterns. This raises the question of the distribution of gains and losses from external trade shocks …
Persistent link: https://www.econbiz.de/10013098585
Legally mandated reductions in the workweek can be either a constraint on individuals' choice or a tool to coordinate individuals' preferences for lower work hours. We confront these two hypotheses by studying the consequences of the workweek reduction in France from 39 to 35 hours, which was...
Persistent link: https://www.econbiz.de/10012773724
European power markets are in the midst of unprecedented changes, with a record-breaking surge in energy prices.This paper investigates the impact of green power resources on the level and volatility of wholesale electricity prices at a granular level, using monthly observations for a panel of...
Persistent link: https://www.econbiz.de/10014241884
The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise. Using cross-country enterprise survey data, this paper shows that firms engaged in e-commerce have higher productivity and generate a larger share of their revenues from...
Persistent link: https://www.econbiz.de/10012865837