Tourism, welfare and de-industrialization in a small open economy.

作者: Brian R. Copeland

DOI: 10.2307/2554696

关键词: Factor priceEconomicsMarket economyForeign ownershipDeindustrializationTourismSmall open economyGeneral equilibrium theoryCommodity (Marxism)Welfare

摘要: This paper investigates the effects of an expansion tourism on welfare, output, and factor prices in host country using a general equilibrium international trade model. In absence taxes, foreign ownership, distortions, increase visitors will welfare only if price nontradables increases. Factor mobility ownership tend to reduce gains from tourism, while commodity taxes them. Conditions under which can lead deindustrialization are also discussed. Copyright 1991 by The London School Economics Political Science.

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