This paper examines the effects of tourism on labor employment, capital accumulation and resident welfare for a small … open economy with unemployment. A tourism boom improves the terms of trade, increases labor employment, but lowers capital … capital intensive, the fall in capital would not be so severe and the expansion of tourism improves welfare. However, when the …

related to the tourism industry. Two arguments support this choice. On the one hand, as stated by Maskell et al. (2005 … the tourism industry. Indeed, the tourism industry is structured by dispersed activities in nature, time and space that … need to be combined and assembled dynamically. On the other hand, the tourism industry has been one of the most innovative …

This paper analyses the impact of internet on the organization of industry and the marketdynamics in the tourism … activities, focusing in the European scene. Tourism incorporates many features ofthe contemporaneous information and … communication economy. Even if e-tourism still stands for a smallshare of the whole tourism activity, the paper establishes that the …