Purchase - $38.00

The Effect of EMU on Tourism

11 Pages Posted: 2 May 2007  

Salvador Gil-Pareja

University of Valencia - Department of Economics

Rafael Llorca-Vivero

University of Valencia - Department of Economics

José Martínez-Serrano

University of Valencia - Department of Economics

Abstract

This paper estimates the effect of the euro on intra-EMU tourist flows by using a panel dataset of 20 OECD countries over the period 1995-2002. The results reveal that the euro has increased tourism, with an effect of around 6.5%. This is a noticeable impact given the early stage of the EMU analyzed. The robustness checks show that the evidence of a positive impact is quite widespread across EMU destination countries.

Suggested Citation

Gil-Pareja, Salvador and Llorca-Vivero, Rafael and Martínez-Serrano, José, The Effect of EMU on Tourism. Review of International Economics, Vol. 15, No. 2, pp. 302-312, May 2007. Available at SSRN: https://ssrn.com/abstract=983231 or http://dx.doi.org/10.1111/j.1467-9396.2006.00620.x

Salvador Gil-Pareja (Contact Author)

University of Valencia - Department of Economics ( email )

Av. dels Tarongers s/n
46071 Valencia
Spain
+34 96 382 83 49 (Phone)

Rafael Llorca-Vivero

University of Valencia - Department of Economics ( email )

Av. dels Tarongers s/n
46071 Valencia
Spain

José Antonio Martínez-Serrano

University of Valencia - Department of Economics ( email )

Av. dels Tarongers s/n
46071 Valencia
Spain

Paper statistics

Downloads
11
Abstract Views
7,909