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http://hdl.handle.net/2072/43034
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| Title: | The Commons and anti-commons problems in the tourism economy |
| Authors: | Álvarez Albelo, Carmen
Hernández Martín, Raúl |
| Other authors: | Xarxa de Referència en Economia Aplicada (XREAP) |
| Subjects: | Turisme
Vendes directes
Comerç internacional
Anàlisi econòmica |
| Creation Date: | Dec-2009 |
| Publisher: | Xarxa de Referència en Economia Aplicada (XREAP) |
| Series/Report no.: | XREAP;2009-16 |
| Abstract: | Countries specialised in tourism tend to face two problems with contradictory effects: the commons and the anti-commons, which lead to tourism over- and under-production, respectively. This paper develops a two-period model to analyse the joint effects of both problems on a small and remote tourism economy. Congestion and the complementariness between foreign transport and local tourism services are key features in this type of markets. As a result, direct selling and the presence of foreign tour-operators emerge as possible market arrangements with different implications in terms of welfare and public intervention. Four main results are obtained. First, in the direct selling situation the optimal policy depends on the relative importance of the problems. Second, the existence of tour-operators always leads to tourism over-production. Third, the presence of a single tour-operator does not solve the congestion problem. Lastly, the switch from several tour-operators to a single one is welfare reducing. |
| CDU: | 33 - Economics
332 - Regional economics. Territorial economics. Land economics. Housing economics
338 - Economic situation. Trade cycle. Development of economic structure. Growth |
| Appears in Collections: | Documents de treball de la Xarxa de Referència en Economia Aplicada (XREAP)
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| XREAP2009-16.pdf | | 516Kb | Adobe PDF | View/Open |
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