TOURISM, DUTCH DISEASE AND WELFARE IN AN OPEN DYNAMIC ECONOMY

This paper examines the effects of an expansion in tourism on capital accumulation, sectoral output and resident welfare in an open economy with an externality in the traded good sector. An expansion of tourism increases the relative price of the nontraded good, improves the tertiary terms of trade...

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Veröffentlicht in:	Japanese economic review (Oxford, England) England), 2006-12, Vol.57 (4), p.501-515
Hauptverfasser:	CHAO, CHI-CHUR, HAZARI, BHARAT R., LAFFARGUE, JEAN-PIERRE, SGRO, PASQUALE M., YU, EDEN S. H.
Format:	Artikel
Sprache:	eng
Schlagworte:	Demand Economic growth Economic impact Economic models Economics and Finance Expansion F11 F43 Humanities and Social Sciences Impact analysis Open economies Studies Tourism Trade Welfare
Online-Zugang:	Volltext
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