Tourism, taxes and immiserization: A trade theoretic analysis
Data(s) |
01/01/2003
|
---|---|
Resumo |
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.<br /> |
Identificador | |
Idioma(s) |
eng |
Publicador |
Wiley-Blackwell Publishing Asia |
Relação |
http://dro.deakin.edu.au/eserv/DU:30001955/hazari-tourismtaxes-2003.pdf http://dx.doi.org/10.1111/j.1468-0106.2003.00228.x |
Direitos |
2003, Blackwell Publishers Ltd |
Tipo |
Journal Article |