The Economics of Tourism and Sustainable Development
Alessandro Lanza, Anil Markandya, Francesco Pigliaru
E. Elgar, Jan 1, 2005 - Business & Economics - 315 pages
Tourism is both a growth industry and the world's number one export earner. It is therefore no surprise that the role of tourism is increasingly gaining prominence in the debate over how we can move towards more sustainable patterns of development. An enormous literature has emerged on the three pillars of sustainable development - environment, culture and economics - and on how tourism impacts and interacts with them. This timely and original book is firmly grounded in the theory and application of economics, in contrast to much of the previous research which has tended to adopt an environmental or sociological perspective. Although economics has increasingly become a technical subject, this accessible book aims to present important economics results and relate them explicitly to the policy debate. Using a coherent analytical framework, this unique approach offers prescriptions for moving tourism, and economic development more generally, closer to a sustainable ideal. The authors begin by studying the macroeconomic effect of tourism in terms of growth performance and sources of growth. imports in the economy, and how tourism impacts upon land use. Further chapters investigate the important issue of forecasting visitor numbers and explore the need for a comprehensive accounting framework to take account of ecologically sustainable tourism. The authors also examine the microeconomic aspects of sustainable tourism and analyse the increasing popularity of environmentally friendly holidays. Sustainable tourism is a fast-growing subject and this book provides an insightful introduction to the critical economic issues involved. It will interest and inform a broad and varied readership including researchers, students and policymakers interested in tourism economics and tourism management, as well as environmentalists, geographers and development scholars.
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An investigation on the growth performance of small tourism
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accommodation accounting framework activities analysis areas Ban Sang Barbados cent climate change coastal Coefficient conditional volatility costs cultural Cyprus Deiva Marina destination domestic tourism dummy eco-tax economic effects efficiency emissions environment environmental pressures estimated European Eurostat F-statistic factors Figure Fiji growth important included income increase indicators infrastructure inputs international tourist arrivals island ISTAT labour land Luang Prabang marginal monthly international tourist municipalities NAMEA negative non-traded NTR'(LT output Pak Ou Caves parameter passenger transport pollution production projects Puerto Plata Punta Cana recreational regional regression relative resident returns to scale room price satellite account season significant SITEs specific Statistics steady sustainable development sustainable tourism Table temperature tour operators tourism consumption tourism demand tourism development tourism expansion tourism facilities tourism industry tourism sector tourism services tourist eco-charge traditional sector travel agencies TSARMF variables visitors weather World Bank