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자료유형
학술저널
저자정보
하육강 (전북대학교)
저널정보
국제융합경영학회 The Journals of Economics, Marketing & Management 융합경영연구 제6권 제4호
발행연도
2018.12
수록면
29 - 39 (11page)
DOI
http://dx.doi.org/10.20482/jemm.2018.6.4.29

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Purpose - With the improvement of people's living standards, traveling abroad has become a common way for people to release the pressure of life and work. In economics, this kind of way can affect the international trade. Because of this background, this paper sets BRICS countries as an example to explore the impact of cross-border tourism on bilateral trade. Research design, data, and methodology - The annual time series data sets form 1998 to 2016 are used to perform an empirical analysis under a series of econometric approaches such as the Phillips-Perron test and the Engle-Granger two-step test. In this paper, the cross-border tourism is treated as an independent variable; the bilateral trade is treated as a dependent variable. Both variables will be used to conduct an empirical analysis based on the econometric approaches to analyze the impact of cross-border tourism on bilateral trade. Results - Based on the empirical analysis, the finding of this paper show that there is a long-run relationship between cross-border tourism and bilateral trade in this sample. Moreover, the cross-border tourism is the Granger causality of bilateral trade. Namely, the cross-border tourism can promote the development of bilateral trade. Conclusions - In short, the evidences that this paper presents show that the cross-border tourism is a driving factor that impacts the bilateral trade in the sample of BRICS countries. Therefore, BRICS countries’ governments should encourage their citizens to travel abroad so as to promote the development of bilateral trade, respectively.

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