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The paper studies the macroeconomic effects of an increase in tourism demand due to an exogenous increase in foreigner …'s income one the one hand and due to marketing activities in tourism of a small country that specializes completely in tourism … production. Using a dynamic general equilibrium model, we show that an increase in tourism demand leads to an increase in …
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In this paper we present an economic model to analyze the impact produced by changes of tourist's income on the demand for tourist services and on the investments of hotels on environmental quality. The ingredients of the model are an oligopoly tourist market with a vertical product...
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The growth of the tourism sector in the last years, and in particular of the accommodation industry, has increase the … importance of investment on the quality of tourism services. In this sense, environmental quality of destination is a tool that … the consumers increase then: the demand and price for tourism services increase, but the increment of the demand for best …
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