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The choice of centralizing tourism policies at the national level or, on the contrary, of decentralizing them at the local level is widely discussed in the literature, which highlights the related pros and cons. In fact, the simultaneous role of originator and attractor of tourism of each...
Persistent link: https://www.econbiz.de/10011478185
Culture is more and more considered as an important driver of tourism. However, it is critical, for policymakers, to evaluate the potential returns from investments in culture and generally cultural offer, in particular in multiregion settings with a potentially inefficient distribution of...
Persistent link: https://www.econbiz.de/10011730077
Culture is gaining increasing importance in the modern tourism industry, and represents a significant force of attraction for tourists (both domestic and international). Cultural tourism allows destinations and regions to expand their customer base, diversify their offer, extend the stay of the...
Persistent link: https://www.econbiz.de/10011734302
The authors solve a linear problem where a potential conflict between two agents (Destination manager and Firm) arises in a tourism destination. Destination manager has to choose how to allocate limited resources (capital and land) between either second homes or hotels. This conflict stems from...
Persistent link: https://www.econbiz.de/10009488830
In the framework of a vertically differentiated mixed duopoly, with uncovered market and costless quality choice, we study the existence of a price equilibrium when a welfare-maximizing public firm producing low quality goods competes against a profit-maximizing private firm producing high...
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In this paper, starting from the two-sector Uzawa-Lucas model, we study a three-sector endogenous growth model with leisure services. By extending the endogenous growth model with leisure developed by Ladrón-de Guevara et al. [1999], our model generalizes the standard time allocation problem,...
Persistent link: https://www.econbiz.de/10011714375