Tourism, economic welfare and efficient pricing

Harry Clarke and Yew-Kwang Ng ()

Monash Economics Working Papers from Monash University, Department of Economics

Abstract: A theoretical framework based on economics is provided for assessing tourism's costs and benefits. Suppose that resources utilized by tourists are owned by residents and, as marketed goods or services, are priced efficiently. Then increased tourism promotes net average (i.e., Pareto) economic gains for residents even in the face of such things as increased environmental costs and increased charges. Therefore, under these circumstances, there is no case for entry taxes or qualitative restrictions on tourism to deal with environmental issues. However, such taxes can be justified on rent-seeking grounds that are discussed in this paper.

Pages: 20 pages
Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Published in Annals of Tourism Research Volume 20, Issue 4, 1993, Pages 613–632.

Downloads: (external link)
http://dx.doi.org/10.1016/0160-7383(93)90087-J
http://pan.oxfordjournals.org/content/19/2/165.full.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mos:moswps:archive-18

Ordering information: This working paper can be ordered from
https://www.monash.e ... esearch/publications

Access Statistics for this paper

More papers in Monash Economics Working Papers from Monash University, Department of Economics Department of Economics, Monash University, Victoria 3800, Australia. Contact information at EDIRC.
Bibliographic data for series maintained by Simon Angus ().