Is tourism the mean to achieve sustainable growth?
Marsiglio, Simone (2013) Is tourism the mean to achieve sustainable growth? In: Proceedings of IATE 2013: International Association for Tourism Economics International Conference. pp. 418-427. From: IATE 2013: International Association for Tourism Economics International Conference, 1-4 July 2013, Ljubljana, Slovenia.
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Abstract
We analyze whether it is possible for an economy specialized in tourism to achieve long-run growth, ensuring that its natural resources are used sustainably. This is a very delicate issue, since tourism is based on a deep and complex bilateral relationship with the surrounding environment, which affects and is affected by tourists' inflows. Indeed, on the one hand, environmental assets are a fundamental determinant of tourists' destination choice and, on the other hand, tourism has negative effects on the environment. We construct an economic model where agents determine how to allocate resources between accumulating tourism facilities and preserving the environment, since tourists' inflow depends on the quality of the environment. We show that a sustainable development pathway exists and the nature of tourists preferences is determinant in determining the long run economic growth rate.
Item ID: | 29738 |
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Item Type: | Conference Item (Other) |
ISBN: | 978-961-240-263-1 |
Keywords: | sustainable growth; tourism |
Date Deposited: | 16 Dec 2013 02:43 |
FoR Codes: | 14 ECONOMICS > 1402 Applied Economics > 140202 Economic Development and Growth @ 40% 14 ECONOMICS > 1402 Applied Economics > 140205 Environment and Resource Economics @ 40% 14 ECONOMICS > 1401 Economic Theory > 140102 Macroeconomic Theory @ 20% |
SEO Codes: | 91 ECONOMIC FRAMEWORK > 9101 Macroeconomics > 910103 Economic Growth @ 40% 91 ECONOMIC FRAMEWORK > 9199 Other Economic Framework > 919902 Ecological Economics @ 40% 97 EXPANDING KNOWLEDGE > 970114 Expanding Knowledge in Economics @ 20% |
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