adequate regulation, intermediation may fail to do this. This paper studies the effects of a production shock in a closed … economy and compares abilities of market-based and bank-based financial systems in processing the shock. Unregulated banking …

This paper studies the economic implications of climate-change-induced variations in tourism demand, using a world CGE … subsequently perturbed by shocks, simulating the effects of climate change. We portray the impact of climate change on tourism by …

This paper analyses the foundations, possible applications and the effects of tourism taxation in Spain. The article … begins with an analysis of the economic and environmental reasons for taxing tourism, which would seem to call for taxes … tourism taxation in Spain, with special mention being given to the now repealed Balearic ecotasa. Finally, the effects of two …

on the economic assessment of two specific climate change impacts: sea-level rise and changes in tourism flows. By using … impact category to the final result. In the case under scrutiny demand shocks induced by changes in tourism flows outweigh … the supply side shock induced by the loss of coastal land. …