Economics of tourism & growth for small island countries
Data(s) |
10/03/2016
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Resumo |
We theoretically analyze the impact of changes in foreign income from tourism source countries on the growth of tourism dependent small island economies. Using a general theoretical construct, we attempt to answer the question of how price elasticity of demand, income elasticity of tourist and the degree of competition in the service sector influence the economic development of small economies. One of the main results is that politicians may consider applying policies which lead to a competitive environment in the service sector to maximize growth and the consequent labor income share. |
Identificador | |
Publicador |
Elsevier |
Relação |
DOI:10.1016/j.tourman.2016.02.020 Stauvermann, Peter Josef & Kumar, Ronald Ravinesh (2016) Economics of tourism & growth for small island countries. Tourism Management, 55(C), pp. 272-275. |
Fonte |
QUT Business School; School of Economics & Finance |
Palavras-Chave | #140102 Macroeconomic Theory #140103 Mathematical Economics #140104 Microeconomic Theory #140199 Economic Theory not elsewhere classified |
Tipo |
Journal Article |