nep-tur New Economics Papers
on Tourism Economics
Issue of 2010‒01‒30
five papers chosen by
Antonello Scorcu
University of Bologna

  1. Willingness to Pay for Biodiversity Conservation By Amit K. Bhandari; Almas Heshmati
  2. Islamic Economy- Its Relevance to the Globalization of Economy in the Muslim Filipino Areas By Ali B. Panda
  3. Challenges in Health Services Trade- Philippine Case By Jovi C. Dacanay; Maria Cherry Lyn S. Rodolfo
  4. Productive Development Policies in Trinidad and Tobago: A Critical Review By Ramiro Moya; Anne-Marie Mohammed; Sandra Sookram
  5. The demand for football tickets depending on the number of clubs in a city - Empirical evidence from Germany - By Markus Breuer

  1. By: Amit K. Bhandari; Almas Heshmati (IISWBM, Management House, College Square West, Kolkata-700 073, India)
    Abstract: Nature based tourism is the fastest growing tourism in many parts of the world. The attitude towards conservation of nature is measured by individuals¡¯willingness to pay. This study has made an attempt to investigate the determinants of tourists¡¯willingness to pay (WTP) for biodiversity conservation. The determinants include a combination of socio-economic and site-specific characteristics of tourists. The study was conducted in Sikkim, which is India¡¯s prime nature based tourism destination. Results show that willingness to pay is determined by the level of education and income of tourists. Among site-specific characteristics length of stay and number of spots are the significant determinants of willingness to pay. This empirical research is a valuable input to identify market segment among tourists, which might help to generate more revenue for biodiversity conservation in Sikkim.
    Keywords: Willingness to pay, conservation, tourism, logit model, tobit model
    JEL: Q26 Q57 L83 C25
    Date: 2009–12
  2. By: Ali B. Panda (Philippine Institute for Development Studies)
    Abstract: This study confines on the relevance of Islamic economy to global trade, investment and industry in Muslim Filipino areas. It is useful, valuable and a reference material in the formulation of economic policies, plan and strategies. Islam encourages legitimate economic activities. It condemns usury, hoarding, business monopoly and speculative business and believes in free trade. Its basic principles (truthfulness, honesty, and justice) and other significant elements are acceptable to the Muslims and adoptable in the Philippine setting. It is suggested that orientation programs on the global business be conducted in the Muslim areas. Capital must be available to Muslim businessmen by way of responsive financial institution. Communication, transportation and tourism facilities be provided and improved. Accreditation of Islamic organization to examine goods and commodities in accordance with Islam. Peace and order must be maintained. Establishment of Islamic pawnshops.
    Keywords: Islamic economy, globalization, Muslim Filipinos
    JEL: O18 O11 O10
    Date: 2010–01
  3. By: Jovi C. Dacanay; Maria Cherry Lyn S. Rodolfo (Philippine Institute for Development Studies)
    Abstract: There is a growing emphasis on the role of trade in health services (telehealth, health tourism and retirement, investments and deployment of medical professionals) in easing fiscal constraints, generating jobs and income, improving infrastructure and financing, and upgrading the capacities of health professionals. This paper seeks to identify the opportunities, barriers, and risks for the Philippines in participating in global trade in health services. It examines the country’s capabilities in engaging in trade and identifies strategic directions that the Philippines can pursue. It also presents the different market niches that can be tapped relative to the opportunities, namely- the aging populations of the Organisation for Economic Co-operation and Development (OECD) nations; the shortage of medical professionals in those countries; the long waiting lines in hospital facilities; the Health Insurance Portability and Accountability Act of the United States; and the poor healthcare systems in other countries. It also addresses the weaknesses in the supply capabilities of the country�the lack of a policy framework to develop the healthcare services sector in a globalized environment, the lack of human resources planning, and the lack of alignment in the initiatives of the government and private sector.
    Keywords: trade, health services, Insurance, Philippines
    JEL: I10 I18 L89
    Date: 2010–01
  4. By: Ramiro Moya; Anne-Marie Mohammed; Sandra Sookram
    Abstract: Even as Trinidad and Tobago seeks productive diversification away from the energy sector, the process underlying the country’s productive development policies (PDP) is in a state of transition from state-directed industrial policy to a newer approach with extensive private-public participation. This study explores the main characteristics of four PDPs in Trinidad and Tobago and reviews them following the related literature (e.g., Rodríguez-Clare, 2005a and 2005b, and Melo and Rodríguez-Clare, 2006). The four PDPs are: a) The process towards the Promotion of Clusters; b) the PDPs for the Tourism industry; c) the classical PDPs for Micro, Small and Medium Enterprises and; d) the Free Trade Zone as a policy designed to compensate for the failure of the State.
    Keywords: Industrial policy, Productive development policies, Diversification, Caribbean, Trinidad and Tobago
    JEL: L52 O25 O54
    Date: 2010–01
  5. By: Markus Breuer (University of Jena)
    Abstract: The demand for football tickets in European top-leagues has been subject of several studies within the last years e. g. in France, England and Germany. These papers focussed mainly on single matches and the significance of factors like uncertainty, performance of the clubs or date and time of a competition. In contrast this paper tries to build up a simple model to estimate the average number of visitors in the course of a whole season. Moreover the market entrance of a second club is considered. While in stage one an old-established club represents a regional monopolist, in stage two another club qualifies itself for playing in the first division what breaks up the old monopolistic position. Finally the model assumptions are compared to empirical findings from Germany and its major league.
    Keywords: sport economy, professional sport leagues, market entry
    JEL: L R
    Date: 2009

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