This paper deals with the relationship between international trade and tourism. We focus on the effect that German tourism to Spain has on German imports of Spanish wine. Due to the different properties of the series under analysis, which display different orders of integration, a long memory regression model is used, where tourism is supposed to be exogenous. The period covered is January 1998...

Abstract   his study employs a structural vector autoregression (SVAR) model to investigate the macroeconomic shocks on Malaysian tourism industry, especially how the economy dynamically responds to oil price shocks, exchange rates, changes in price level, exports, economic growth and tourism income during the study time period from January 2001 to December 2012. The results indicate that oil...

Medical tourism is one of the subdirectories of tourism in order to receive health care in other countries. It has become a major industry in the global arena. According to the great potential of this industry in Iran, is essential to paying more attention to this branch of tourism, economic effect and also the effect of economic indicators on tourism industry. Therefore, this paper examines th...

Today’s networked economy is a strategic combination of many factors, with electronic platforms and relationships underpinning competitive advantage. Enabled and driven by information and communication technologies (ICT) and connectivity, the networked economy is challenging the fundamental bases of established government frameworks, conventional business practices, and traditional marketing di...

Trying to anticipate the future of tourism may be a particularly fraught task. However, this does not mean that trying to predict the future of tourism is not without value. From a business perspective, examining the future enables firms to anticipate new business conditions and develop new strategies. From a destination perspective, reflections on the future enable consideration of how to main...

Tourism research is a relatively new, under-explored and under-researched discipline in sub-Saharan Africa in general but most especially in the Central African sub-region in particular in spite of its recognised potential for sustainable nature/eco tourism development. This is partly because the industry lacks the necessary patronage enjoyed by other economic sectors. As a result most governme...

Tourism specialization on the one hand may be a successful tool to achieve fast economic growth, and, on the other hand, may be detrimental for natural resources. Finding the right balance between economic benefits and environmental costs is essential to reach sustainable development, ensuring that tourist numbers do not exceed the carrying capacity of the tourism destination. In this context, ...

In this work we discuss the theoretical foundation for the introduction of a taxation mechanism at tourism destinations with the aim of setting an appropriate policy for the tourist use of the local tourism assets. Of course, to this aim some specific reasons must be identified to justify this kind of proposal. These can be mainly represented by the needs to internalise tourism external costs a...