IDEAS home Printed from https://ideas.repec.org/p/mos/moswps/archive-18.html
   My bibliography  Save this paper

Tourism, economic welfare and efficient pricing

Author

Listed:
  • Harry R. Clarke
  • Yew-Kwang Ng

Abstract

A theoretical framework based on economics is provided for assessing tourism's costs and benefits. Suppose that resources utilized by tourists are owned by residents and, as marketed goods or services, are priced efficiently. Then increased tourism promotes net average (i.e., Pareto) economic gains for residents even in the face of such things as increased environmental costs and increased charges. Therefore, under these circumstances, there is no case for entry taxes or qualitative restrictions on tourism to deal with environmental issues. However, such taxes can be justified on rent-seeking grounds that are discussed in this paper.

Suggested Citation

  • Harry R. Clarke & Yew-Kwang Ng, 1993. "Tourism, economic welfare and efficient pricing," Monash Economics Working Papers archive-18, Monash University, Department of Economics.
  • Handle: RePEc:mos:moswps:archive-18
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1016/0160-7383(93)90087-J
    Download Restriction: no

    File URL: http://pan.oxfordjournals.org/content/19/2/165.full.pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tisdell, Clem & Wilson, Clevo, 2002. "World Heritage Listing of Australian Natural Sites: Tourism Stimulus and Its Economic Value," Economic Analysis and Policy, Elsevier, vol. 32(2), pages 27-49, June Spec.
    2. Clarke, Harry R. & Ng, Yew-Kwang, 1995. "Non-traded goods and the welfare gains from tourism: comment," International Review of Economics & Finance, Elsevier, vol. 4(3), pages 305-309.
    3. Xavier Labandeira & Alberto Gago & Fidel Picos & Miguel Rodríguez, 2006. "Taxing Tourism in Spain: Results and Recommendations," Working Papers 2006.40, Fondazione Eni Enrico Mattei.
    4. repec:eee:touman:v:31:y:2010:i:1:p:125-135 is not listed on IDEAS

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mos:moswps:archive-18. See general 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: (Simon Angus). General contact details of provider: http://edirc.repec.org/data/dxmonau.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.