This paper considers a growth model with migrants who do not own capital. The income of domestic residents and their welfare increase with the number of migrants. Then, a public good is introduced. Migrants do not contribute to its financing but induce congestion effects and decrease the quality...

Until recently, the application of computable general equilibrium (CGE) models to the evaluation of the effects of tourism and tourism policies on the economic and social situation in a country has been very limited by the paucity of data. Over the recent years, the development of tourism...

This paper examines the effects of tourism in a dynamic model of trade on unemployment, capital accumulation and resident welfare. A tourism boom improves the terms of trade, increases labor employment, but lowers capital accumulation. The reduction in the capital stock depends on the degree of...