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Public Economics And The Assessment Of Tourism Developments And Policies

In: Handbook of Tourism Economics Analysis, New Applications and Case Studies

Author

Listed:
  • Clement Tisdell

    (The University of Queensland, Australia)

  • Clevo Wilson

    (Queensland University of Technology, Australia)

Abstract

Public economics covers the welfare economics of social (as opposed to private) interests and aspects of public finance. This chapter considers the application of two methods of social economic evaluation of tourist developments, namely, social cost-benefit analysis and economic impact analysis. The role of social cost-benefit analysis in the assessment of tourism is illustrated by its application to the evaluation of inbound tourism. This is followed by a discussion of taxes on tourism and subsidies to promote it. The principle focus is on hotel room taxes. The analysis of taxes on tourism involves both public finance and welfare economics issues. The scope for and desirability of applying the user-pays principle to tourism is then examined.

Suggested Citation

  • Clement Tisdell & Clevo Wilson, 2013. "Public Economics And The Assessment Of Tourism Developments And Policies," World Scientific Book Chapters, in: Clement A Tisdell (ed.), Handbook of Tourism Economics Analysis, New Applications and Case Studies, chapter 19, pages 417-441, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814327084_0019
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