International trade in services and inequalities: Empirical evaluation and role of tourism services

Sylvain Petit ()

MPRA Paper from University Library of Munich, Germany

Abstract: This study investigates the impact of the international openness in tourism services trade on wage inequality between highly skilled, semi-skilled, and unskilled workers in the tourism industry. The sample covers 10 developed countries and expands over 15 years. A cointegrated panel data model and an error correction model were used to distinguish between the short- and long-run effects. The results are compared to those of openness of business services and manufactured goods. The findings point out that tourism increases wage inequality at the expense of the least skilled workers in the long run and the short run.

Keywords: cointegrated panel model; error correction model; inequality; openness trade; trade of tourism services (search for similar items in EconPapers)
JEL-codes: C23 D31 L83 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-int and nep-tur
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Related works:
Working Paper: International trade in services and inequalities: empirical evaluation and role of tourism services (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:75206

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