全球智库信息集成服务系统(G2TT): Tourism, Trade and Domestic Welfare

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Tourism, Trade and Domestic Welfare
	Pasquale M Sgro; Jean-Jacques Nowak; Mondher Sahli
发表日期	2004
出处	Climate Change and Sustainable Development
出版年	2004
语种	英语
摘要	Tourism has been regarded as a major source of economic growth and a good source of foreign exchange earnings. Tourism has also been considered as an activity that imposes costs on the host country. Such costs include increased pollution, congestion and despoliation of fragile environments and intra-generational inequity aggravation. One aspect that has been ignored is the general equilibrium effects of tourism on the other sectors in the economy. These effects can be quite substantial and should be taken into account when assessing the net benefits of a tourism boom on an economy. This paper presents a model which captures the interdependence between tourism and the rest of the economy, in particular agriculture and manufacturing. We examine the effect of a tourist boom on structural adjustment, commodity and factor prices and more importantly resident welfare. An important result obtained is that the tourist boom may "immiserize" the residents. This occurs because of two effects. The first, a favourable effect due to an increase in the relative price of the non-traded good which is termed the secondary terms of trade effect. The second, a negative effect due to an efficiency loss that occurs in the presence of increasing returns to scale in manufacturing. If this second effect outweighs the first effect, resident immiserization occurs.
特色分类	F10,F22
关键词	Tourism,Trade welfare
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/tourism-trade-and-domestic-welfare/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/116976
推荐引用方式 GB/T 7714	Pasquale M Sgro,Jean-Jacques Nowak,Mondher Sahli. Tourism, Trade and Domestic Welfare. 2004.