Schubert, Stefan Franz; Brida, Juan Gabriel - Volkswirtschaftliche Fakultät, … - 2008
The paper studies the short run and long run effects of a production subsidy to the tourism sector of a small open … where the tourism sector is considered to be labor-intensive and produces traded services. The other sector is capital … choosing consumption of both the nontraded good and tourism services, the sectoral allocation of labor, and the rate of wealth …