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

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

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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)

Ⅰ. Tourism and Trade

Ⅱ. The Growth of Tourism

Ⅲ. System Estimation

Ⅳ. Conclusion

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