The relationship between tourism and trade in South Africa

South African Journal of Economics

Volumn 78, Issue 3, 2010, Pages 287-306

  Fry, Denise ^a   Saayman, Andrea ^a   Saayman, Melville ^a  

^a NORTH WEST UNIVERSITY   (South Africa)

Author keywords

South Africa; Tourism; Trade

Indexed keywords

COINTEGRATION ANALYSIS; ECONOMIC ANALYSIS; GRANGER CAUSALITY TEST; PANEL DATA; TIME SERIES ANALYSIS; TOURISM; TRADE;

SOUTH AFRICA;

EID: 77956946441     PISSN: 00382280     EISSN: 18136982     Source Type: Journal    
DOI: 10.1111/j.1813-6982.2010.01245.x     Document Type: Article

References (31)

1. AL-RABBAIE, A. HUNT, L.C. (2004). Panel Unit Roots and Cointegration: Evidence for OECD Energy Demand. Survey Energy Economics Centre, Department of Economics, University of Surrey, Guildford. 6th IAEE European Conference modelling in Energy Economics and policy, Zurich, Switzerland.
2. AL-QUDAIR, K. H. A. (2004). The Causal Relationship between Tourism and International Trade in some Islamic countries. Department of Economics, College of Administrative sciences. King Saud University, Riyadh, Saudi Arabia.
3. ANON (2008). South African Trade with Europe. South Africa Info. Available at: http://www.southafrica.info/doing-business/sa-trade/agreements/ trade-europe.htm [Accessed 5 February 2008
4. ABID, I. (2007). Performance of Lag Length Selection Criteria in Three Different Situations. Quaid-i-Azam University Islamabad, Pakistan. Available at: http://64.233.169.104/search?q=cache:XOgg0t6Uyj0J:interstat.statjournals.net/ YEAR/2007/articles/0704001.pdf+best+criteria+for+lag+selection+aic&hl= en&ct=clnk&cd=3&gl=za [Accessed 7 September 2008].
5. ASTERIOU, D. HALL, S. (2007). Applied Econometrics: A Modern Approach. New York. Palgrave Macmillan.
6. CHACHOLIADES, M. (1990). International Economics. New York : McGraw-Hill.
7. CHAREMZA, W. W. DEADMAN, D. F. (1992). New Directions in Econometric Practice. Cheltenham : Edward Elgar Publishing Limited.
8. ETHIER, W. J. (1995). Modern International Economics, 3rd edn. London : W.W. Norton & Company, Inc.
9. FISCHER, C. GIL-ALANA, L. A. (2005). The nature of the relationship between international tourism and international trade. The case of German imports of Spanish wine. Working Paper No. 15/05. Available at: http://ideas.repec.org/p/una/unccee/wp1505.html [Accessed 7 January 2008].
10. GRAY, J. P. (1970). International Travel - International Trade. Lexington, MA : Health, Lexington Books.
11. HOLTZ-EAKIN, D., NEWEY, D. W. ROSEN, H. (1988). Estimating vector autoregressions wuth panel data. Econometrica, 56 (6 1371 1395.
12. KARLSSON, S. LÖTHGREN, M. (2000). On the power and interpretation of panel unit root tests. Economic Letters, 66 : 249 255.
13. KHAN, H. (2006). U21Global. International trade and tourism: An overview. The University of Nottingham. 5 (7). Available at: http://www.u21global.com/ PartnerAdmin/ViewContent?module=NEWSLETTER&oid=157293 [Accessed 6 January 2008].
14. KHAN, H., TOH, R. S. CHUA, L. (2005). Tourism and trade: Cointegration and Granger causality tests. Journal of Travel Research, 44 (2 171 176.
15. KRUGMAN, P. R. (1990). Rethinking International Trade. Cambridge, MA : MIT Press.
16. LIM, C. (1997). Review of international tourism demand models. Annals of Tourism Research, 24 (4 835 849.
17. MURRAY, M. P. (2006). Econometrics: A Modern Introduction. Pearson International edn. New York : Prentice Hall.
18. PEDRONI, P. (1997). Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series with an Application to the PPP Hypothesis: New Results. Working Paper, Indiana University.
19. PEDRONI, P. (1999). Critical values for cointegration tests in heterogeneous panels with multiple regressors. Oxford Bulletin of Economics and Statistics, 61 (Special Issue, November 653 670.
20. PEDRONI, P. (2000). Fully modified OLS for heterogeneous cointegrated panel. Advances in Econometrics, 15 : 93 130.
21. RITCHIE, B. W. (2003). Managing Educational Tourism. Clevedon : Channel View Publications.
22. SAAYMAN, A. SAAYMAN, M. (2008). Determinants of inbound tourism to South Africa. Tourism Economics. 14 (1 81 96.
23. SANTANA-GALLEGO, M., LEDESMA-RODRIQUEZ, F. J. PÉREZ-RODRIQUEZ, J. (2007). On the Relationship between Trade and Tourism. Proceedings of the First Conference of the International Association for Tourism Economics, 25-27 October.
24. SHAN, S. WILSON, K. (2001). Causality between trade and tourism: empirical evidence from China. Applied Economics Letters, 8 (4 279 283. Available at: http://ideas.repec.org/a/taf/apeclt/v8y2001i4p279-83.html [Accessed 14 August 2008].
25. SORENSEN, B. (2005). Granger Causality. Economics 7395. Available at: http://www.uh.edu/∼bsorensa/gra-caus.pdf [Accessed 14 August 2008].
26. STATISTICS SOUTH AFRICA 2007). Tourism and Migration. Statistical Release P0351.
27. SACU. 2008. Available at: http://www.sacu.int/index.php [Accessed 14 August 2008].
28. THE DEPARTMENT OF TRADE AND INDUSTRY 2008). South African Trade by Countries/Chapters. Available at: http://www.thedti.gov.za/econdb/raportt/ defaultrap.asp#4 [Accessed 9 May 2008].
29. UNWTO BAROMETER 2007). Economic Data Relevant for Tourism. Available at: http://unwto.org/facts/eng/pdf/barometer/unwto-barom07-3-en-excerpt.pdf [Accessed 5 January 2008].
30. WORLD TRADE ORGANIZATION 2007). International Trade Statistics 2007. Available at: http://www.wto.org/english/res-e/statis-e/its2007-e/its2007-e.pdf [Accessed 6 January 2008].
31. ZIVOT, E. WANG, J. (2003). Modelling Financial Time Series with S-Plus. New York. Springer Publishers.