The euro effect
Tourism creation, tourism diversion and tourism potential within the European Union
Bibliographic Data
| ID | 7772557 |
|---|---|
| Authors | María Santana-Gallego (0000-0001-5977-7875, Universitat de les Illes Balears, corresponding author), Francisco Ledesma-Rodríguez (Universidad de La Laguna), Francisco J Ledesma Rodríguez (0000-0002-9080-2335, Universidad de La Laguna), Jorge Pérez-Rodríguez (Universidad de Las Palmas de Gran Canaria), Jorge V Pérez‐Rodríguez (0000-0002-6738-9191, Universidad de Las Palmas de Gran Canaria) |
| Year | 2016 |
| Volume | 17 |
| Issue | 1 |
| Pages | 46-68 |
| Publication date | 2016-03-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | European Union Politics (JOURNAL) |
| Journal identifiers | ISSN: 1465-1165 • E-ISSN: 1741-2757 |
| Publisher | SAGE Publications (PUBLISHER • US) |
| DOI | 10.1177/1465116515600533 |
| OpenAlex | W2287689075 |
| Language | EN |
| Citations received | 9 |
| References cited | 40 |
This paper investigates the impact of the Economic and Monetary Union on international tourism flows across a set of 37 developed countries. To do this, an augmented gravity model is estimated using a sample of 31 European countries plus six non-European OECD countries over the period 1995–2012. Results suggest a substantial impact of the euro on intra-Eurozone tourism of between 44 and 126% when proper estimation method, control group and definition of the Eurozone are used. Moreover, evidence of tourism creation is also found. Finally, the potential tourism gains for new members and possible entrants of adopting the euro are explored. This study provides a detailed analysis on the effect of the euro on tourism flows which might be of interest for policymakers of the Eurozone or future member states
Business · Economics · Estimation · European union · International economics · International trade · Member states · Political science · Sample (material · Tourism · Economic Policies and Impacts · Global trade and economics · International Business and FDI
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| Unique citing works | 9 |
|---|---|
| Citations per year | 1.13 |
| Citation span | 2018 - 2026 (9) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 9 |