An Economic Transactions Analysis of Tourism

Peter J. Buckley
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Peter J. Buckley: University of Bradford Management Centre

Chapter 8 in The Multinational Enterprise, 1989, pp 153-160 from Palgrave Macmillan

Abstract: Abstract This article suggests that the complex set of markets and the composite products which make up tourism can be best analysed by adopting an approach based on the analysis of transactions. The transaction is the fundamental unit of economic analysis. Tracing the transactions chain and the packaging of transactions makes the analysis of tourism more straightforward and gives a unit to its conceptualisation.

Keywords: Transaction Cost; Tour Operator; Transfer Price; Multinational Enterprise; Tourist Product (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11026-1_8

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DOI: 10.1007/978-1-349-11026-1_8

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