Chao, Chi-Chur; Laffargue, Jean-Pierre; Sgro, Pasquale M. - In: International Review of Economics & Finance 22 (2012) 1, pp. 201-207
stricter policy on environmental controls can narrow wage inequality and increase welfare if the tourism terms-of-trade effect …This paper examines the effects of stricter environmental regulation on income distribution and welfare for an open … economy with inbound tourism. The pollution input is considered as a mobile factor between sectors, and a decrease in it …