International travel: the relationship between exchange rate, world GDP, revenues and the number of travellers to Brazil

International travel: the relationship between exchange rate, world GDP, revenues and the number of travellers to Brazil

This paper analyses the behaviour of foreign travellers to Brazil and the revenues thus generated in the balance of payments, using annual data from 1970 to 2007 and quarterly data from 1989 to 2007. The author concludes that the number of travellers is quite sensitive to world income and less sensi...

Full description

Saved in:
Bibliographic Details
Published in:Tourism economics : the business and finance of tourism and recreation Vol. 16; no. 4; pp. 1065 - 1072
Main Author: Meurer, Roberto
Format: Journal Article
Language:English
Published: London Sage Publications Ltd 01-12-2010
Subjects:
Balance of payments
Brazil
Consumer spending
Economic development
Exchange rates
Foreign exchange rates
GDP
Gross Domestic Product
International travels
Leisure industry
Measurement
Rule of origin
Studies
Tourism
Travel
Brazil
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper analyses the behaviour of foreign travellers to Brazil and the revenues thus generated in the balance of payments, using annual data from 1970 to 2007 and quarterly data from 1989 to 2007. The author concludes that the number of travellers is quite sensitive to world income and less sensitive to the exchange rate. Revenues do not react to the exchange rate. Exchange rate has an influence on revenues with a lag of four quarters. These results may mean that the expenditures of foreign travellers are not influenced by their costs measured in the currency of the country of origin. [PUBLICATION ABSTRACT]
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:1354-8166
2044-0375
DOI:10.5367/te.2010.0011