Gómez, C.M. and Lozano, J. and Rey-Maquieira, J. (2008) Environmental policy and long-term welfare in a tourism economy. Spanish Economic Review, 10 (1). pp. 41-62. ISSN 1435-5469
Full text not available from this repository.Abstract
A dynamic general equilibrium model of a small open economy specialized in producing tourism services is presented. The tourism package is a bundle of attributes provided by firms, the government and the natural environment. Investment in accommodation increases the number of visitors but also congests public goods and reduces environmental quality. The model is used to determine the conditions for the existence of a long-term double dividend. These conditions depend on both the initial level of environmental quality and the responsiveness of the tourism price to marginal changes in environmental and accommodation quality and congestion of public goods.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Double dividend; Dynamic general equilibrium model; Environmental policy; Tourism policy; Tourism taxation |
| Subjects: | H Social Sciences > HZ Economic and Institutional Analysis |
| Depositing User: | José Ángel Gómez Martín |
| Date Deposited: | 04 Jun 2013 14:21 |
| Last Modified: | 04 Jun 2013 14:21 |
| URI: | http://eprints.imdea-agua.org:13000/id/eprint/243 |
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