Tourism, taxes and immiserization: A trade theoretic analysis

Hazari, Bharat and Nowak, Jean-Jacques 2003, Tourism, taxes and immiserization: A trade theoretic analysis, Pacific economic review, vol. 8, no. 3, pp. 279-287.

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Title Tourism, taxes and immiserization: A trade theoretic analysis
Author(s) Hazari, Bharat
Nowak, Jean-Jacques
Journal name Pacific economic review
Volume number 8
Issue number 3
Start page 279
End page 287
Publisher Wiley-Blackwell Publishing Asia
Place of publication Richmond, Vic.
Publication date 2003
ISSN 1361-374X
1468-0106
Summary Many countries promote tourism as a device for earning foreign exchange and promoting domestic welfare and growth. In all these countries the non-traded goods (internationally not traded) are consumed by both domestic residents and tourists. It is well known that the relative price of non-traded goods and services is determined in the local market – hence the tourist demand results in monopoly power in trade for the host country. We use a very simple two-country model to demonstrate the specific nature of the offer curve and the trade equilibrium and the difficulties of taxation.
Language eng
Field of Research 140210 International Economics and International Finance
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2003, Blackwell Publishers Ltd
Persistent URL http://hdl.handle.net/10536/DRO/DU:30001955

Document type: Journal Article
Collection: Deakin Graduate School of Business
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