Is Tourism Just Another Commodity? Links between Commodity Trade and Tourism

Easton, Stephen T.

doi:1998.13.3.522

Journal of Economic Integration 1998 September;13(3) :522-543.
DOI: https://doi.org/10.11130/jei.1998.13.3.522

Is Tourism Just Another Commodity? Links between Commodity Trade and Tourism

Stephen T. Easton

Simon Fraser University

ABSTRACT

Commodity trade and international tourism may be linked through substitution on the supply side or by substitution or complementarity on the demand side. Simple correlation reveals a positive association between international tourism to and commodity exports from Canada. A model incorporating both tourism and exports provides evidence of substitutability between them. Such a link implies that export promotion or tourism promotion may work at cross purposes. (JEL Classification: F14)