Impacts of regional trade agreements on international tourism demand: Empirical in Vietnam

Abstract

This paper sheds some light on the impact of regional trade agreements (RTAs) on international tourism demand in Vietnam. They are using gravity model with data from 29 countries with the highest number of tourists to Vietnam from 2007–2019. The empirical findings indicate a relevant degree of heterogeneity in the results. While the the free trade agreement enhances the international tourism demand in Vietnam, ASEAN community it. These results emphasize the importance of solid integration in promoting Vietnam’s tourism flows.

Keywords

• international tourism demand
• RTAs
• FTAs
• ASEAN
• gravity model
• Robert Read, Economics, University of Lancaster, UK