L'impact du taux de change sur le tourisme en France
Guillaume Chevillon () and
Xavier Timbeau ()
Revue de l'OFCE, 2006, vol. 98, issue 3, 167-181
The reduction in the French trade balance observed since late 2001 has partly been caused by the weakness of the domestic tourism sector. Among potential explications thereof are the appreciation of euro; the post 9/11 trauma, and a possible decrease in the appeal of the French territory. We develop equilibrium correction models for the number of travelers in and out of the territory and their expenses. This helps us show that exchange rate variations are the main culprit as they account for over 60% of the reduction in the for tourism section of the balance of payments. JEL Codes: F14, F31.
JEL-codes: F14 F31 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
Working Paper: L’impact du taux de change sur le tourisme en France (2006)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cai:reofsp:reof_098_0167
Access Statistics for this article
More articles in Revue de l'OFCE from Presses de Sciences-Po
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().