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on Tourism Economics |
| By: | O.A. Carboni; P. Russu |
| Abstract: | This article develops a dynamic optimising macro model of a open economy specialised in tourism based on natural resources. Environmental externalities are explicitly introduced in the production function. Global dynamic analysis shows that, under some conditions on the parameters, if the initial values of the state variables are close enough to the coordinates of Pa, then there exists a continuum of equilibrium trajectories approaching Pa and one trajectory approaching Pb. Therefore, the model exhibits global indeterminacy, since either Pa or Pb can be selected according to agent expectations. |
| Keywords: | global and local indeterminacy; environmental externalities; history versus expectations; Hopf bifurcation |
| JEL: | O13 O41 Q22 C62 |
| Date: | 2012 |
| URL: | http://d.repec.org/n?u=RePEc:cns:cnscwp:201230&r=tur |
| By: | Ohe, Yasuo |
| Abstract: | Although the educational function in agriculture is attracting growing attention as a kind of multifunctionality in agriculture, these services are not yet provided as a viable farm product. This paper explores how the educational externality could be internalized to establish a viable market for these services. We focused on educational dairy farms in Japan and used a questionnaire survey to quantitatively evaluate the attitudes of operators toward establishing viable services. First, a conceptual framework was presented to express operators’ orientation toward an economically viable service by incorporating a stepwise internalization process of positive externalities with the help of a social learning network. Then, empirically, statistical tests were conducted and factors that determined this orientation, a viable service determinant function, were explored by the ordered logit model. The result showed that, first, the higher the number of visitors to the farm, the more operators were oriented toward a viable service while no connection with ordinary dairy production was shown. Second, social learning was effective for initiating the internalization process. Third, marketing skills became more important for upgrading the internalization level. Consequently, it is important to create opportunities for those farmers who want to provide consumers with educational services to learn a new role for agriculture and to establish a new income source in a stepwise fashion. |
| Keywords: | educational tourism, educational function in agriculture, multifunctionality, rural tourism, farm diversification, product innovation, externality, Agribusiness, Agricultural and Food Policy, |
| Date: | 2012–09–18 |
| URL: | http://d.repec.org/n?u=RePEc:ags:eaa131:135771&r=tur |
| By: | Andersen, M.D; Kerr, Geoffrey N.; Lambert, Simon J. |
| Abstract: | The application of stated preference non-market valuation approaches in settings where there are strong cultural differences in environmental perspectives potentially misrepresent strengths of preferences for different groups. This paper reports on a study that measured strength of affiliation with traditional Māori identity, strength of connection with nature, and monetary measures of value derived from a choice experiment. The relationships between these three measures are explored to test the alignment of Māori identity with connection to nature, and to test the dependence of monetary valuation on cultural identity and connection with nature. The tests are applied in the context of a case study addressing water management in the Waikato Region. |
| Keywords: | cultural valuation, environmental valuation, choice modelling, cultural identity, water preservation, Māori values, connectedness to nature, Community/Rural/Urban Development, Environmental Economics and Policy, |
| Date: | 2012–08 |
| URL: | http://d.repec.org/n?u=RePEc:ags:nzar12:136040&r=tur |
| By: | Barbera, Mattia G. |
| Keywords: | Environmental Economics and Policy, Land Economics/Use, |
| Date: | 2012–08 |
| URL: | http://d.repec.org/n?u=RePEc:ags:nzar12:136041&r=tur |