International travelling and trade: further evidence for the case of Spanish wine based on fractional VAR specifications

Journal article | Zeitschriftenartikel

This paper deals with the relationship between international travelling and trade. For this purpose we focus on a particular case study: the connection between the Spanish wine exports to Germany and the German travellers to Spain. Unlike previous studies we use a methodology based on fractional vector autoregressive models, which permits us to compute the impulse responses in a similar way as in the standard VAR case. The results show that the orders of integration of the two series are constrained between 0 and 1, being higher for the arrivals series than for the exports. The impulse response analysis reveals that an increase in travelling produces a positive initial impact on trade though it tends to disappear in the long run.

Angaben zum Objekt

• Umfang: Seite(n): 2417-2434
• Sprache: Englisch
• Anmerkungen: Status: Postprint; begutachtet (peer reviewed)

Verweise und Beziehungen

• Erschienen in: Applied Economics, 42(19)

Klassifikation und Themen

• Thema: Wirtschaft ; Volkswirtschaftslehre ; Wirtschaftssektoren ; Spanien ; Wein ; Export

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Gil-Alana, Luis Alberiko ; Fischer, Christian
• Ereignis: Veröffentlichung
• (wo): Vereinigte Staaten von Amerika
• (wann): 2009

Weitere Informationen

• DOI: https://doi.org/10.1080/00036840701858083
• URN: urn:nbn:de:0168-ssoar-242476
• Rechteinformation: GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
• Letzte Aktualisierung: 21.06.2024, 16:26 MESZ