On the relation between tourism and trade: A network experiment

Author

Brahmbhatt, Jigar ; Menezes, Ronaldo

Author_Institution

Dept. of Comput. Sci., Florida Inst. of Technol., Melbourne, FL, USA

fYear

2013

fDate

April 29 2013-May 1 2013

Firstpage

74

Lastpage

81

Abstract

Current literature on world global trade and tourism indicates these two areas are related and may influence each other. This study investigates the relationship between international tourism and international trade flows using an approach based on network sciences. In this paper, bilateral trade-exports data and inbound tourist arrival data were modeled as weighted directed networks and then analyzed for possible common properties. The empirical results show strong weighted degree correlation and strong PageRank correlation between trade and tourism networks. This paper shows the relationship using metrics derived from network sciences.

Keywords

directed graphs; globalisation; international trade; network theory (graphs); travel industry; bilateral trade-exports data; inbound tourist arrival data; international tourism; international trade; network sciences; strong PageRank correlation; strong weighted degree correlation; tourism networks; trade networks; weighted degree correlation; weighted directed networks; world global trade; Communities; Complex networks; Correlation; Globalization; International trade; Organizations;

fLanguage

English

Publisher

ieee

Conference_Titel

Network Science Workshop (NSW), 2013 IEEE 2nd

Conference_Location

West Point, NY

Print_ISBN

978-1-4799-0436-5

Type

conf

DOI

10.1109/NSW.2013.6609197

Filename

6609197