0000000001158913
AUTHOR
Vicente J. Pallardó-lópez
Examining the impact of visa restrictions on international tourist flows using panel data: Un análisis con datos de panel
Using newly panel data on visa restrictions for the years 2000 and 2010 in a theory-grounded gravity model, we find a robust, causal negative impact of visa restrictions on international tourist flows. By destination, the detrimental impact of this type of barrier is observed for tourists going to developing countries (with the exception of East and South Asia), but not for those to developed ones. By country of origin of tourists, the impact of visa restrictions appears to be the same for tourists coming from developed and developing countries. These findings have important consequences in policy terms for tourism management at a regional level.
Immigrants’ Networks, Distance, and Trade Creation Effects: An Study Employing Province-Level Data for Italy, Spain and Portugal
Neoclassical trade theory assumed international flows of goods (commodities) to be substituting for people (factor) flows under certain circumstances. However, recent empirical evidence shows a complementary relationship between these two types of flows, with migration creating new trade exchanges. Immigrants tend to form networks across borders, reducing fixed trade costs. They also retain some preference for their home-produced goods. These two channels provide the rationale of the immigration trade-enhancing linkage. In this study we investigate that issue for the cases of Italy, Spain and Portugal, employing province-level data for the period 2002–2010. Results show that the first chann…
The Determinants of Migrants’ Remittance Inflows in the MENA Region: A Macroeconomic Approach
Macroeconomic studies on the determinants of remittance flows have traditionally reviewed the role that economic conditions of host and home countries of migrants play in this process. New contributions have enlarged that setting by dealing with socio-political (demographics, institutions) and individual (education) dimensions influencing migrants’ behaviour when they remit money back home. In this investigation, we test for the role of all these variables in a general framework when analysing the case of the MENA (Middle East and North of Africa) region. Results indicate that the state of the business cycle, the characteristics of households (fertility, income per capita), and those of the…
THE DURATION OF FIRM-DESTINATION EXPORT RELATIONSHIPS: EVIDENCE FROM SPAIN, 1997-2006
I. INTRODUCTION The traditional trade literature that investigates aggregate trade flows emphasizes the sizeable increase in trade relationships since World War II and the remarkable persistence of trade flows. However, recent microlevel studies point out that under the stable aggregate trade flows there is a rich dynamics at firm- and/or product-level with a high turnover. In fact, international-market presence is often a transitory and an uncommon phenomenon. At any period, only a small percentage of home-based firms participate in trade and exporting firms are different from non-exporters (larger, more productive, etc.). Moreover, there is much persistence in exporting status; being an e…
El impacto de la política de visados sobre los flujos internacionales de turistas: Un análisis con datos de panel
Using newly panel data on visa restrictions for the years 2000 and 2010 in a theory-grounded gravity model, we find a robust, causal negative impact of visa restrictions on international tourist flows. By destination, the detrimental impact of this type of barrier is observed for tourists going to developing countries (with the exception of East and South Asia), but not for those to developed ones. By country of origin of tourists, the impact of visa restrictions appears to be the same for tourists coming from developed and developing countries. These findings have important consequences in policy terms for tourism management at a regional level.
The trade-enhancing effect of immigration networks: New evidence on the role of geographic proximity
Abstract We use migration-trade data from Italian, Portuguese and Spanish provinces to examine the importance of geographic proximity in the effectiveness of ethnic networks on bilateral trade. Empirical findings from the gravity model show that the migration-trade link is clearly in-province: exports from a province to a country do not receive any stimuli from immigrants from this country living outside of the province, once we control for country–province time-invariant fixed effects.