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on Tourism Economics |
By: | Thomas Richter (GIGA German Institute of Global and Area Studies); Christian Steiner (Centre for Research on the Arab World (CERAW)) |
Abstract: | This article challenges claims that liberalising state regulated markets in developing countries may induce lasting economic development. The analysis of the rise of tourism in Egypt during the last three decades suggests that the effects of liberalisation and structural adjustment are constrained by the neo-patrimonial character of the Egyptian political system. Since the decline of oil rent revenues during the 1980s tourism development was the optimal strategy to compensate for the resulting fiscal losses. Increasing tourism revenues have helped in coping with macroeconomic imbalances and in avoiding more costly adjustment of traditional economic sectors. Additionally, they provided the private elite with opportunities to generate large profits. Therefore, sectoral transformations due to economic liberalisation in neo-patrimonial Rentier states should be described as a process, which has led to the diversification of external rent revenues, rather than to a general downsizing of the Rentier character of the economy. |
Keywords: | Egypt, rentier state, economic liberalisation, economic development, tourism |
JEL: | H27 L83 O11 P26 |
Date: | 2007–11 |
URL: | http://d.repec.org/n?u=RePEc:gig:wpaper:61&r=tur |
By: | John C. Whitehead; Daniel Phaneuf; Christopher F. Dumas; Jim Herstine; Jeffrey Hill; Bob Buerger |
Abstract: | We consider the convergent validity of several demand models using beach recreation data. Two models employ multiple site data, the linked site-selection and trip frequency demand model and the Kuhn-Tucker demand system model. We exploit the effect of the existing variation in beach width on trip choices to analyze a 100 foot increase in beach width. We compare these models to a single site model where we jointly estimate revealed and stated preference data focusing on a hypothetical scenario that directly considers a 100 foot increase in beach width. In each case we develop estimates of the increased number of beach trips with an increase in beach width and the value of beach width. The trip estimates from each of the three models are similar and convergent valid. The convergent validity statistical test on willingness to pay suggests that the estimates converge between these models. However, the difference in magnitude is large. Key Words: Recreation Demand, Travel Cost Method, Convergent Validity |
JEL: | Q51 |
Date: | 2007 |
URL: | http://d.repec.org/n?u=RePEc:apl:wpaper:07-17&r=tur |
By: | rotariu, ilie |
Abstract: | It is obvious that tourism has changed and keeps transforming itself deeply. We prove that tourism is under mutation and this process is only an earlier symptom of the renascence of the economic structures, a new human life stile, in fact a real rebirth of the human existence. The microelectronics and the biotechnologies have separated the socialist system from the capitalist one and segregate the last. In the developed countries a few 3-4% of the population yield the whole agricultural production and overfill the domestic and export needs; 10-12% of it fabricate all the merchandises required on the market. As a result, the majority of the population might be considered as throwaway for production, valuable only as consumers. More, it might be a menace for the society if it does not manage fruitfully its resulted “free time”. To “keep peace under the olives” the new post-industrial societies have had to develop the “management of the disposal time” that has turn on the course of the tourism from 3S to 3E, and further more to the life style concept that was extended over the hole individual and social life, not only its economic side. The former socialist countries were the losers of the huge challenge started after the 2 nd WW as the socialist system’s economy has remained on the classic bases. They have integrated the EU, a post-industrial economy. Their people expect to join the Western life style, the 3E tourism. Is it possible? How? What are the costs? Can they find the required resources? What are the preliminary results? Romania is a fascinating case. “The transition” as a manner of conversion highlights peculiar situations that might be found unusual for a Western. Some examples (the Black See Coast, the Fagaras mountains and the new agro tourism) will bring particular explanations. Classical economics operate with its overall accepted concepts such as: capital, labour force, offer, demand, money, unemployment, market, development, crises, equilibrium, productivity, monopole, liberalism, interventionism, global economy, etc. The real life of the last years, may be the last decade proves that the classic concepts do not fit, are not suitable for workable explanations and proper procedures to keep the economies in a durable development, the poor and the rich peoples in peace, people save and healthy and conserve the “hand made environment” workable for future generations. The cause might be we are handling old tools for a new reality: the Ancients use to say that doctor, in order to save the patience, has to cure not only the disease but his whole body and mind. The new Life can not be broken down on “slides” - for researches or scientific purposes – but has to be understood as a whole in order to control its transformation, as the entropy or the bio structural theory have proved. We need an appropriate apparatus, suitable insights to handle the nearly future: to rewrite the economics. As we have done in tourism theory! |
Keywords: | post-modern economy; experiences; transformation; transition; economics; 3S; 3E |
JEL: | O52 |
Date: | 2006 |
URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:6130&r=tur |
By: | Klaus Moeltner (Department of Resource Economics, University of Nevada, Reno); J. Scott Shonkweiler (Department of Resource Economics, University of Nevada, Reno) |
Abstract: | This study examines the proper estimation of trip demand and economic benefits for visitors to recreation sites when past-season trip information is elicited from travelers intercepted on-site. We show that the proper weighting of past season counts is different from the standard on-site correction appropriate for current-season counts. We find that for our sample of lake visitors relatively stronger preference or “avidity” for the interview site carries over across seasons. We further show that using the correct weighting of past trip counts is critical in deriving meaningful estimates of travel demand and economic benefits. |
Keywords: | On-site Sampling; Recreation Demand Systems; Poisson-Lognormal Distribution; Simulated Maximum Likelihood |
JEL: | C35 C51 Q26 |
Date: | 2007–12 |
URL: | http://d.repec.org/n?u=RePEc:unr:wpaper:07-014&r=tur |