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International trade in travel and tourism services : economic impact and policy responses during the COVID-19 crisis
Barkas, Panagiotis; Honeck, Dale; Rubio, Ester - 2020 - Manuscript date: 26 August 2020
In this paper, we investigate tourism-related policy approaches that WTO member countries adopted in the early weeks of … tourism scenarios, underlining both the demand and supply side effects of the crisis. By compiling and organising information … analyse tourism-related policies for 59 WTO Members across all continents. Our findings confirm that: (i) almost 90% of the …
Persistent link: https://www.econbiz.de/10012294670
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Chapter 33 Culture in International Trade
Acheson, Keith; Maule, Christopher - In: Handbook of the economics of art and culture : volume 1, (pp. 1141-1182). 2006
Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
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International Trade in Travel and Tourism Services : Economic Impact and Policy Responses during the COVID-19 Crisis
World Trade Organization - 2020
In this paper, we investigate tourism-related policy approaches that WTO member countries adopted in the early weeks of … tourism scenarios, underlining both the demand and supply side effects of the crisis. …
Persistent link: https://www.econbiz.de/10012882830
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Determinants of International Tourism
Culiuc, Alexander - 2014
The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest … dataset comprising the full universe of bilateral tourism flows spanning over a decade. The results show that the gravity … model explains tourism flows better than goods trade for equivalent specifications. The elasticity of tourism with respect …
Persistent link: https://www.econbiz.de/10013053035
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Heterogeneous economic integration agreement effects
Baier, Scott L.; Bergstrand, Jeffrey H.; Clance, Matthew W. - 2015
Gravity equations have been used for more than 50 years to estimate ex post the partial effects of trade costs on international trade flows, and the well-known - and traditionally presumed exogenous - "trade-cost elasticity" plays a central role in computing general equilibrium trade-flow and...
Persistent link: https://www.econbiz.de/10011309578
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Market Power in International Commodity Trade : The Case of Coffee
Igami, Mitsuru - 2015
This paper studies the impact of market power on international commodity prices. I use a standard oligopoly model and exploit historical variations in the structure of the international coffee bean market to assess the impact of a cartel treaty on coffee prices and its global welfare...
Persistent link: https://www.econbiz.de/10013039191
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Market Access in Global and Regional Trade
de Sousa, José - 2012
This paper develops a method to measure difficulties in market access over a large set of countries (both developing and developed) and industries, during the period 1980-2006. We use a micro-founded heterogeneous-consumers model to estimate the impact of national borders on global and regional...
Persistent link: https://www.econbiz.de/10013112665
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Mismeasurement of Distance Effects : The Role of Internal Location of Production
Yilmazkuday, Hakan - 2014
The estimated effects of distance in empirical international trade regressions are unrealistically high. Using state-and-sector level U.S. exports data, this paper shows analytically and proves empirically that ignoring the internal location of production (of international exports), which leads...
Persistent link: https://www.econbiz.de/10012708860
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Testing competing world trade models against the facts of world trade
Minford, Patrick; Xu, Yongdeng; Dong, Xue - 2021
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which countries trade homogeneous products in world markets and...
Persistent link: https://www.econbiz.de/10012602338
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Technological and Economic Decoupling in the Cyber Era
Garcia-Macia, Daniel; Goyal, Rishi - 2021
The COVID-19 pandemic has accelerated the shift toward digital services. Meanwhile, the race for technological and economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from the worst global recession since the Great Depression....
Persistent link: https://www.econbiz.de/10013252019