Tourism and economic development: A survey

Sinclair, M. Thea (1998) Tourism and economic development: A survey. Journal of Development Studies, 34 (5). pp. 1-51. ISSN 0022-0388. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

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This article surveys the literature on tourism and economic development, identifying the contribution that tourism can make to development, including foreign currency, income and employment, and the costs that it entails. Single equation and system of equations models for estimating tourism demand are provided indicating developing countries' potential to benefit from increasing expenditure on tourism but their susceptibility to deterioration in price competitiveness. The main sectors of tourism supply transportation, tour operators, travel agents and accommodation are examined and the importance of cross-country integration between firms is highlighted. The article argues that many of the problems associated with the use of environmental resources for tourism stem from market failure, and it considers methods for increasing, sustainably, the returns from them.

Item Type: Article
Additional information: Literature review
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > H Social Sciences (General)
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Tara Puri
Date Deposited: 02 Jul 2009 09:20
Last Modified: 18 Jul 2014 07:55
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