Tourism and Sustainable Economic Development Macroeconomic Models and Empirical Methods

About this book

Tourism and Sustainable Economic Development highlights the opportunities and risks of nature-based tourism for economic development and explores selected strategies for sustainability. The prospect of tourism growth is a potential source of major challenges and considerable threats on a number of levels. The concept of sustainable tourism development has thus become the focus of the debate on this subject.

This invaluable book aims to provide useful analytical and empirical tools in support of the idea that sustainability is not just about regulating and controlling the negative impacts of tourism. It is also about policies and actions that aim to reinforce the benefits and reduce the costs of tourism, in order to make it more profitable now and in the future. The chapters focused on economic modelling offer a valuable overview of the main issues currently debated at the academic level. The book also illustrates a number of empirical instruments that will provide a useful reference for academics and policymakers interested in how to put theory into practice.

This study will be of great value to economists, geographers and to those who have a direct or indirect interest in tourism economics.

Contents

Contents:IntroductionPART I: MODELLING TOURISM DEVELOPMENT1. Tourism, Growth and Pollution AbatementFabio Cerina2. Specialised Trade, Growth Differentials and the Performance ofTourism EconomiesSimone Valente3. Tourism Development and Environmental Quality: Long Run Effectsof Monopoly PowerSaveur Giannoni and Marie-Antoinette Maupertuis4. The Economics of Local Tourist SystemsGuido Candela, Paolo Figini and Antonello E. Scorcu 5. Inbound Tourism and Internal Migration in a Developing EconomyMondher Sahli and Jean-Jacques Nowak6. Tourism, Jobs, Capital Accumulation and the Economy: A DynamicAnalysisChi Chur Chao, Bharat Hazari, Jean-Pierre Laffargue,Pasquale M. Sgro and Eden S.H. Yu PART II: MEASURING AND ASSESSING THE ECONOMICSUSTAINABILITY OF TOURISM7. The Volatility of Growth and Tourism EarningsAnil Markandya and Suzette Pedroso-Galinato8. Linking Environmental Quality Changes and Tourism Demandwith the Repeat Visits MethodSophie Avila-Foucat and Juan L. Eugenio-Martin9. Managing Value-at-Risk in Daily Tourist Tax Revenues for theMaldivesMichael McAleer, Riaz Shareef and Bernardo da Veiga10. Uncovering the Macrostructure of Tourists' Preferences: a ChoiceExperiment Analysis of Tourism Demand to SardiniaRinaldo Brau and Davide Cao11. Social Carrying Capacity of Mass Tourist Sites: Theoretical andPractical Issues about its MeasurementSilva Marzetti Dall'Aste Brandolini and Renzo Mosetti ConclusionIndex

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