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http://hdl.handle.net/10553/112974
Title: | Modelling the economics of sustainable tourism |
Authors: | Inchausti Sintes, Federico |
UNESCO Clasification: | 531290 Economía sectorial: turismo |
Keywords: | Circular Economy Economic Growth Sustainable Tourism Theoretical General Equilibrium Model |
Issue Date: | 2021 |
Journal: | Journal of Sustainable Tourism |
Abstract: | To date tourism has been synonymous with intense territorial use, which has led to a reconsideration of the relationship between tourism and its location in order to foster more environmentally-friendly development. In this context, the paper provides a novel approach to the analysis of tourism and the environment by developing a theoretical general equilibrium model addressing the integration of the environment in the economic system (i.e. in a circular economy) from a tourism perspective. The model’s innovative aspect is in assuming the use of land not only as an input, but as an output. Specifically, the land is no longer supplied in a fixed quantity to the economy, but society decides between its enjoyment or its rental as a factor of production; thereby achieving a more rational use of this resource. Likewise, its consideration as an output allows us to stress its role as an asset; implying that its preservation also contributes to economic growth. The main findings show that, when the environment is integrated into the economic system, tourism is not a source of ecological depletion, but rather an essential contributor to its preservation. However, this necessary integration does not keep tourism from eroding sectoral diversification and reinforcing import dependence. |
URI: | http://hdl.handle.net/10553/112974 |
ISSN: | 0966-9582 |
DOI: | 10.1080/09669582.2021.2002344 |
Source: | Journal of Sustainable Tourism[ISSN 0966-9582], (Enero 2021) |
Appears in Collections: | Working papers |
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