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Economia del turismo: note sulla crescita, qualità ambientale e sostenibilità

Pigliaru, Francesco (1996) Economia del turismo: note sulla crescita, qualità ambientale e sostenibilità. Working Paper. CRENoS.

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Official URL: http://www.crenos.it/working/pdf/96-12.pdf

Abstract

We analyse some key problems facing a small country for whom specialisation in nature-based tourism is an available option, and who aims at maximising non-resident tourists’ total expenditure. We discuss and develop some of the main results of the thin economic literature on the topic. As for growth prospects associated with specialisation in tourism, we find that few plausible changes in assumptions generate more favourable results than those previously known in the literature. Then we turn to the impact of tourism development on the quality of the resource. We show that, since in the tourism case the exhaustible components of the latter are characterised by a quality-quantity trade-off, a specific economic incentive exists such that the optimal rate of exploitation is more conservative than in the case of traditional natural resources. Finally, we briefly discuss problems of sustainability as well as some specific market failures in the presence of non homotheticity and of strong exogenous seasonality in demand patterns. We conclude that even though potentially the economic consequences of specialisation in tourism are promising ones, market solutions implying unsustainable economic exploitation of the natural resource are likely.

Item Type:Technical Report / Working Paper / Project Report (Working Paper)
Publisher:CRENoS
Date:1996
Institution:Universita' degli Studi di Cagliari
Divisions:Centri > CRENoS Centro Ricerche Economiche Nord Sud
Subjects:Area 13 - Scienze economiche e statistiche > SECS-P/05 Econometria
Uncontrolled Keywords:nature-based tourism, tourism development, sustainable development
ID Code:359
Deposited On:14 Nov 2008 10:50

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