Arbeitspapier

How does future tourism affect today's depletion of natural resources in a globalized world?

This paper sets up a two-period, two-sector trade model of a developing country which is abundant in a natural resource but scarce in industrial goods. It shows that lower future travel costs, rising demand for tourism and higher preferences for the environment slow down today's depletion of the non-renewable natural resource that can be used for consumption or 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 off.

Language
Englisch

Bibliographic citation
Series: Diskussionsbeitrag ; No. 551

Classification
Wirtschaft
Trade and Environment
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Subject
international trade
tourism
non-renewable resource

Event
Geistige Schöpfung
(who)
Hübler, Michael
Event
Veröffentlichung
(who)
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
(where)
Hannover
(when)
2014

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hübler, Michael
  • Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

Time of origin

  • 2014

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