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Public Goods in Tourism Municipalities: Formal Analysis, Empirical Evidence and Implications for Sustainable Development

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  • Ricard Rigall-I-Torrent
  • Modest FluviÃ

Abstract

This paper formally analyses the effects that public goods (in a broad sense) have on tourists and private tourism firms. By approaching the tourism product as a bundle of characteristics, the paper shows how the supply of public goods in tourism municipalities positively affects both the tourists' utility functions and the private firms' production functions. Some implications of this fact regarding the sustainability of tourism are discussed. By means of hedonic methods, empirical evidence of location on prices for hotels on Catalonia's coast (Spain) is provided.

Suggested Citation

  • Ricard Rigall-I-Torrent & Modest FluviÃ, 2007. "Public Goods in Tourism Municipalities: Formal Analysis, Empirical Evidence and Implications for Sustainable Development," Tourism Economics, , vol. 13(3), pages 361-378, September.
    • Handle: RePEc:sae:toueco:v:13:y:2007:i:3:p:361-378
    DOI: 10.5367/000000007781497719
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    References listed on IDEAS

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    1. Epple, Dennis, 1987. "Hedonic Prices and Implicit Markets: Estimating Demand and Supply Functions for Differentiated Products," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 59-80, February.
    2. Bartik, Timothy J, 1987. "Estimating Hedonic Demand Parameters with Single Market Data: The Problems Caused by Unobserved Tastes," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 178-180, February.
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    Cited by:

    1. Loïc Lévi & Jean Jacques Nowak & Sylvain Petit & Hakim Hammadou, 2022. "Industrial legacy and hotel pricing: An application of spatial hedonic pricing analysis in Nord-Pas-de-Calais, France," Tourism Economics, , vol. 28(4), pages 870-898, June.
    2. Josep Maria Espinet & Ariadna Gassiot-Melian & Ricard Rigall-I-Torrent, 2020. "An analysis of price segmentation in the cruise industry," Journal of Revenue and Pricing Management, Palgrave Macmillan, vol. 19(3), pages 162-189, June.
    3. Hannes Wallimann, 2022. "A complementary product of a nearby ski lift company," Tourism Economics, , vol. 28(2), pages 418-434, March.
    4. Hongbo Zhao & Tianshun Gu & Li Yue & Xiaoman Xu, 2022. "Locational Dynamics of Luxury Hotels in Shanghai Metropolis, China: A Spatial-Temporal Perspective," Land, MDPI, vol. 11(10), pages 1-19, September.

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