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This paper deals with a cross section analysis of local compensation payments to farmers for their provision of landscape amenities in alpine tourist communities. These payments can be interpreted as the outcomes of Coasian negotiations. Based on Austrian data we empirically identify the...
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does not share the caveats of the conventional shift-share approach. Our application to regional tourism in Austria reveals …This paper is the first to apply an econometric shift-share model to tourism. The approach allows us to isolate the … host regions. And third, performance appears uncorrelated with tourism intensity of a region. Thus, from a policy and …
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but scarce in industrial goods. It shows that lower future travel costs, rising demand for tourism and higher preferences … for exporting tourism services. The benefits that accrue from sustainable resource use can be distributed over time such … that the myopic developing country and forward-looking industrialized countries, which demand tourism services, are better …
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