Determinants in the credits and debits of international travel account from the Brazilian Balance of Payments

• Autor(a) principal: Rabahy, Wilson Abrahão
• Data de Publicação: 2008
• Outros Autores: Silva, José Carlos Domingos da, Vassallo, Moisés Diniz
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Turismo em Análise
• Texto Completo: https://www.revistas.usp.br/rta/article/view/14155
• topic: economia do turismo; despesas de viagens internacionais; taxa de câmbio real.; tourism economy; international travel account of balance of payments; real exchange rate.

The present article looks for causal relations of the income and, especially, the exchange rate on the expenses of the Brazilians who travel abroad and on the revenues resulted from the foreign tourists who visit our country, these data measured in the account of tourism in the Brazilian Balance of Payments. Econometric tests indicate that the expenditure, on average, are affected by the real exchange rate, while the revenues are not. While analyzing this asymmetry it was possible to note another one, which proved that the number of tourists from bordering countries, taking the visitors of Argentina as an example, on average, are sensitive to the real exchange rate. On the other hand the visitors from countries of other continents, taking the number of visitors from the United States as a parameter, are not affected, on average, by the real exchange rate.