Tourism, Trade and National Welfare, Volume 265 (Contributions to Economic Analysis)

Covers the subject areas such as Tourism and Trade, A Two-Sector General Equilibrium Model of a Small Open Economy, Non-Traded Goods and Tourism in the Pure Theory of Trade, Tourism, Taxes and Immiserization in a Two-Country Trade Model, Price Discrimination, Tourism and Welfare, and Guest Workers and Resident Immiserization. Volume 265 of "The Contributions to Economic Analysis Book Series" covers, among others, subject areas such as: Tourism and Trade; A Two-Sector General Equilibrium Model of a Small Open Economy; Non-Traded Goods and Tourism in the Pure Theory of Trade; Tourism, Taxes and Immiserization in a Two-Country Trade Model; Price Discrimination, Tourism and Welfare; Guest Workers and Resident Immiserization; Terms of Trade and Resident Welfare; Tourism in the Generalized Harris-Todaro Model and Regional Immiserization; and, Growth in a Dynamic Model of Trade Front Cover......Page 1 TOURISM, TRADE AND NATIONAL WELFARE......Page 4 Copyright Page......Page 5 CONTENTS......Page 14 INTRODUCTION TO THE SERIES......Page 8 ENDORSEMENTS......Page 9 ACKNOWLEDGEMENTS......Page 12 1.1. Introduction......Page 19 1.2. Organization of the book......Page 21 References......Page 26 2.1. Introduction......Page 29 2.2. A two-sector model of a small open economy......Page 30 2.3. Important relationships......Page 38 2.4. Duality relations in the small open economy model......Page 43 2.5. A digression: the production possibility curve......Page 49 2.6. Trade and distortion theory......Page 53 References......Page 56 3.1. Introduction......Page 59 3.2. The dependency model......Page 60 3.3. Tourism and monopoly power in trade......Page 72 3.4. A tourism boom and its consequences......Page 76 Appendix A3. An example showing that the consumption possibility transformation surface with tourists lies partly inside the curve without tourists......Page 78 References......Page 83 4.1. Introduction......Page 85 4.2. A two-country model of tourism......Page 86 4.3. Results......Page 89 References......Page 99 5.1. Introduction......Page 101 5.2. The model......Page 102 5.3. Results......Page 106 5.4. Increasing returns to scale......Page 112 5.5. Conclusion......Page 114 References......Page 115 6.1. Introduction......Page 117 6.2. A model of tourism with guest workers......Page 118 6.3. Results......Page 121 Appendix A6. Derivations......Page 134 Appendix B6. An alternative model......Page 140 References......Page 150 7.1. Introduction......Page 151 7.2. The model......Page 152 7.3. Results......Page 155 References......Page 160 8.1. Introduction......Page 163 8.2. A regional model with tourism......Page 165 8.3. A geometric representation of the model......Page 168 8.4. Results......Page 174 Appendix A8. Tourism and regional immiserization......Page 184 References......Page 188 9.1. Introduction......Page 189 9.2. The model......Page 190 9.3. Results......Page 196 9.4. Conclusion......Page 200 References......Page 202 10.1. Introduction......Page 203 10.2. The model......Page 205 References......Page 212 11.1. Introduction......Page 215 11.2. Tourism and growth......Page 216 11.3. Optimal taxation of tourism in growth......Page 223 11.4. Conclusion......Page 225 References......Page 226 12.1. Introduction......Page 229 12.2. Competitiveness in tourism......Page 230 12.3. Real exchange rates and destination competitiveness......Page 233 12.4. Econometric analysis of tourism specialization......Page 238 12.5. Conclusion......Page 250 References......Page 251 Index......Page 253 Tourism and trade / Pasquale M. Sgro -- A two-sector general equilibrium model of a small open economy / Pasquale M. Sgro -- Tourism, illegal migrants and resident welfare / Pasquale M. Sgro -- Tourism in the generalized Harris-Todaro model and regional immiserization / Pasquale M. Sgro -- Tourism, increasing returns and welfare / Pasquale M. Sgro -- Tourism and growth in a dynamic model of trade / Pasquale M. Sgro -- Optimal growth and tourism / Pasquale M. Sgro -- Competition for tourism in the OECD countries / Pasquale M. Sgro -- Non-traded goods and tourism in the pure theory of trade / Pasquale M. Sgro -- Tourism, taxes and immiserization in a two-country trade model / Pasquale M. Sgro -- Price discrimination, tourism and welfare / Pasquale M. Sgro -- Tourism, guest workers and resident immiserization / Pasquale M. Sgro Ch. 1. Tourism And Trade -- Ch. 2. A Two-sector General Equilibrium Model Of A Small Open Economy -- Ch. 3. Non-traded Goods And Tourism In The Pure Theory Of Trade -- Ch. 4. Tourism, Taxes And Immiserization In A Two-country Trade Model -- Ch. 5. Price Discrimination, Tourism And Welfare -- Ch. 6. Tourism, Guest Workers And Resident Immiserization -- Ch. 7. Tourism, Illegal Migrants And Resident Welfare -- Ch. 8. Tourism In The Generalized Harris-todaro Model And Regional Immiserization -- Ch. 9. Tourism, Increasing Returns And Welfare -- Ch. 10. Tourism And Growth In A Dynamic Model Of Trade -- Ch. 11. Optimal Growth And Tourism -- Ch. 12. Competition For Tourism In The Oecd Countries. Bharat R. Hazari And Pasquale M. Sgro. Includes Bibliographical References And Index. Tourism is a growing and important industry in both developed and Third World countries.