Tourism, Welfare, And De-Industrialization In A Small Open Economy
AbstractThis paper investigates the effects of an expansion of tourism on welfare, output, and factor prices in the host country using a general equilibrium international trade model. In the absence of taxes, foreign ownership, and distortions, an increase in foreign visitors will increase welfare only if the price of nontradables increases. Factor mobility and foreign ownership tend to reduce the gains from tourism, while commodity taxes tend to increase them. Conditions under which an increase in tourism can lead to deindustrialization are also discussed. Copyright 1991 by The London School of Economics and Political Science.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by UBC Department of Economics in its series UBC Departmental Archives with number 91-04.
Length: 13 pages
Date of creation: 1991
Date of revision:
Contact details of provider:
tourism ; social welfare ; international trade ; economic models;
Other versions of this item:
- Copeland, Brian R, 1991. "Tourism, Welfare and De-industrialization in a Small Open Economy," Economica, London School of Economics and Political Science, vol. 58(232), pages 515-29, November.
You can help add them by filling out this form.
RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:
- > Industrial Organization > Industry studies > Sports, recreation and tourism > Tourism
- > Industrial Organization > Industry studies > Sports, recreation and tourism
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maureen Chin).
If references are entirely missing, you can add them using this form.