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, doi: 10.1111/j.1468-0106.2003.00228.x.

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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
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
DOI 10.1111/j.1468-0106.2003.00228.x
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
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Document type: Journal Article
Collections: Faculty of Business and Law
Deakin Business School
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