Test de l’Effet de la Fiscalité Foncière sur l’Investissement Touristique

The purpose of this paper is to test if there exists an eviction of the private tourism investment by the level of land tax (patent tax and urban tax), linked to investment. The consideration of land tax variable and that of public infrastructure expenditure in the private investment equation allows to model and next to test the effect of fiscal system on the private investment. The anticipated demand seems to have an accelerator effects on tourism investment. In revenge, the land tax based on the level of tourism GDP remains with a negative effect, but it is neatly lower as than the effect, which the land tax would have when this tax is based on the investment level. This fiscal strategy could help to generate income for the human factor operating in the tourism sector.