Tourism, trade and domestic welfare

Nowak, Jean-Jacques, Sahli, Mondher and Sgro, Pasquale 2003, Tourism, trade and domestic welfare, Pacific economic review, vol. 8, no. 3, pp. 245-258, doi: 10.1111/j.1468-0106.2003.00225.x.

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Title Tourism, trade and domestic welfare
Author(s) Nowak, Jean-Jacques
Sahli, Mondher
Sgro, PasqualeORCID iD for Sgro, Pasquale
Journal name Pacific economic review
Volume number 8
Issue number 3
Start page 245
End page 258
Publisher Blackwell Publishing Asia
Place of publication Carlton, Vic.
Publication date 2003
ISSN 1361-374X
Summary Tourism has been regarded as a major source of economic growth and a source of foreign exchange. It has also been viewed as an activity that imposes costs on the host country. Such costs include increased pollution, congestion and despoliation of fragile environments, and intra-generational inequity aggravation. One aspect that has been ignored is the general equilibrium effects of tourism on other sectors in the economy. This paper presents a model that captures the interdependence between tourism and the rest of the economy, in particular agriculture and manufacturing. An important result obtained is that the tourist boom may 'immiserize' the residents.
Notes Published Online: 1 Dec 2003
Language eng
DOI 10.1111/j.1468-0106.2003.00225.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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