Dynamics in a environmental model with tourism taxation
AbstractThe purpose of this work is to analyze the dynamics of a model describing the interaction between tourists (T) and environmental resource (E) in the presence or absence of a tourist tax , used to protect the environmental resource. The model highlights how the introduction of tourist tax complicates the dynamics of the system, thus giving origin a new internal equilibrium that is a saddle point, which the stable manifold separates the basin attraction of the locally attractive internal positive point from the one equilibrium point (K; 0), which is also locally stable. Moreover, starting from a system with beta= 0, which has an unstable internal equilibrium, a suitable combination of tourist tax and defensive expenditures leads to a stabilization the protect system.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 37213.
Date of creation: 07 Mar 2012
Date of revision:
Words–tourism economics; tourism taxation; Hopf bifurcation; environmental quality; economic modelling;
Find related papers by JEL classification:
- Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-21 (All new papers)
- NEP-ENV-2012-03-21 (Environmental Economics)
- NEP-RES-2012-03-21 (Resource Economics)
- NEP-TUR-2012-03-21 (Tourism Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Warnken, Jan & Bradley, Melanie & Guilding, Chris, 2004. "Exploring methods and practicalities of conducting sector-wide energy consumption accounting in the tourist accommodation industry," Ecological Economics, Elsevier, vol. 48(1), pages 125-141, January.
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