In this paper we analyze the rationality that sustains the public investments on white elephants applied to the construction of tourist facilities in Mexico. The main result of this paper is that there exist two kinds of rationalities in the construction of white elephants. One is a similar...

In this paper we model tourism in the framework of multi-population dynamics and analyze the time pattern of its development through the evolving interaction between two populations feeding on a common space-resource. Each population might be structured in two (or more) "clubs" of members...

Tourism is one of the most important factors in the productivity of the Mexican economy with significant multiplier effects on economic activity. This paper investigates possible causal relationships between tourism expenditure, real exchange rate and economic growth by using quarterly data....

The aim of this paper is to show that the incentive of hotel chains to invest in environmental quality depends on the demand in days of rest on the part of tourists and on the level of aggregate income. The framework is based on the theoretical model of horizontal differentiation a la Hotelling...

The dynamics of tourists and guests can be modeled in a varied of ways and, in most of this models tourist destinations behave as dynamic evolving complex systems. In this paper we represent an economic problem in which the affluence of tourists to a specific place depends on the quot;statequot;...

Tourism demand in Mexico is around 80 percent represented by USA visitors. The goal of this paper is to explain the long-term effects of Tourism Demand in Mexico with respect to US visitors. To reach our goal the methodology of this paper follows the Johansen cointegration analysis and using...

This paper studies the impact of a correct valuation of the opportunity costs in individual decisions and social welfare applied to a tourism problem. Starting from the partial equilibrium model in Skak (2004), we show that the valuation of social welfare depends on the definition of individual...

We consider an extensive form game to analyze the interdependence between environmental protection of resources, the activities related with the tourism and the behavior of a local population. We answer two questions: 1) Suppose that the central planner invest in tourist activities, has he...

In this paper we study the effects of real wage on labour productivity for the Mexican Tourism sector. Using yearly data from 1970 to 2004, we find a cointegration relationship showing that average labour productivity depends positively on the real wage. We also show that real wage is weak...

In this short paper we analyze the impact of tourist demand in hotel rooms on the investment of hotels on environmental quality. In particular we show that when income of the tourists increases, then in order to maintain the demand for rooms, the hotels must increase the investment on the...