Market-driven bioeconomic general equilibrium impacts of tourism on resource-dependent local economies: A case from the western Philippines
| Autor: | J. Edward Taylor, James N. Sanchirico, Ted E. Gilliland |
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| Rok vydání: | 2020 |
| Předmět: |
Computable general equilibrium
Market integration Family Characteristics Environmental Engineering Resource (biology) General equilibrium theory Short run Philippines 0208 environmental biotechnology Commerce 02 engineering and technology General Medicine 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences Natural resource 020801 environmental engineering Economy Natural Resources Economics Economic impact analysis Waste Management and Disposal Tourism 0105 earth and related environmental sciences |
| Zdroj: | Journal of environmental management. 271 |
| ISSN: | 1095-8630 |
| Popis: | Tourism is frequently promoted as a strategy for sustainable economic development in developing countries. However, the preferred methodology for empirically assessing tourism's economic impacts on local economies, applied computable general equilibrium (CGE) modeling, does not account for how tourism affects local natural resource stocks upon which many households depend. We develop a bioeconomic local CGE model to show how market-driven impacts of tourism expansion affect natural resource availability over time. We then show how changes in resource availability affect local incomes of different socioeconomic groups. We parameterize our model with household, business, and tourist survey data from a municipality in the Philippines. We find that tourism expansion increases local real incomes in the short run, but this causes a decline in a local open-access natural resource that erodes real incomes over time, particularly for households engaged in the natural resource sector. Different market integration contexts, as expressed through trade linkages, can mitigate natural resource decline, but this reduces the overall local economic benefit of tourism. |
| Databáze: | OpenAIRE |
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