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Tourist development and host–guest interaction: An economic exchange theory

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  • Bimonte, Salvatore
  • Punzo, Lionello F.

Abstract

Theoretical research on the impacts of tourism has a discernible bias towards residents’ perceptions. To understand the evolution and dynamics of tourism, residents’ perceptions have to be analyzed as part of an exchange process involving both residents and tourists. A conceptual framework of host–guest relations is required. This paper presents an economic model that builds on evidence that tourism involves the meeting of two populations. Their interactions and experiences influence their attitudes and opinions. This causes structural changes in individual preferences that affect residents’ perceptions of tourism and tourists’ willingness to pay. To interpret this process we use the Edgeworth Box, representing the “exchange” in terms of “resource-space” against income.

Suggested Citation

  • Bimonte, Salvatore & Punzo, Lionello F., 2016. "Tourist development and host–guest interaction: An economic exchange theory," Annals of Tourism Research, Elsevier, vol. 58(C), pages 128-139.
    • Handle: RePEc:eee:anture:v:58:y:2016:i:c:p:128-139
    DOI: 10.1016/j.annals.2016.03.004
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    References listed on IDEAS

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    Cited by:

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    3. Daisy XF Fan & Anyu Liu & Richard TR Qiu, 2019. "Revisiting the relationship between host attitudes and tourism development: A utility maximization approach," Tourism Economics, , vol. 25(2), pages 171-188, March.
    4. Mauricio Carvache-Franco & Conrado Carrascosa-López & Wilmer Carvache-Franco, 2022. "Market Segmentation by Motivations in Ecotourism: Application in the Posets-Maladeta Natural Park, Spain," Sustainability, MDPI, vol. 14(9), pages 1-18, April.
    5. Zhang, J.J. & Kwong, Y.M., 2017. "Reconceptualising host-guest relations at border towns," Annals of Tourism Research, Elsevier, vol. 66(C), pages 196-199.
    6. Salvatore Bimonte & Antonella D’Agostino, 2021. "Tourism development and residents’ well-being: Comparing two seaside destinations in Italy," Tourism Economics, , vol. 27(7), pages 1508-1525, November.
    7. István Egresi & Supun Lahiru Prakash & Buddhika Maduraperruma & Amila Withanage & Aruna Weerasingha & Ştefan Dezsi & Bianca Sorina Răcăşan, 2021. "What Affects Support for Wetland Tourism? A Case Study from Sri Lanka," Sustainability, MDPI, vol. 13(16), pages 1-18, August.
    8. Andrea Giampiccoli & Anna Dłużewska & Erasmus Mzobanzi Mnguni, 2022. "Host Population Well-Being through Community-Based Tourism and Local Control: Issues and Ways Forward," Sustainability, MDPI, vol. 14(7), pages 1-17, April.
    9. Shakeela, Aishath & Weaver, David, 2018. "“Managed evils” of hedonistic tourism in the Maldives: Islamic social representations and their mediation of local social exchange," Annals of Tourism Research, Elsevier, vol. 71(C), pages 13-24.
    10. Jianwei Qian & Pearl Lin & Jiewen Wei & Ting Liu & Krittinee Nuttavuthisit, 2023. "Cooking Class Travel in Thailand: An Investigation of Value Co-Creation Experiences," SAGE Open, , vol. 13(2), pages 21582440231, May.
    11. Bimonte, Salvatore & D'Agostino, Antonella & Grilli, Gaetano, 2020. "Tourist season and determinants of residents' subjective well-being," Annals of Tourism Research, Elsevier, vol. 81(C).
    12. Assiouras, Ioannis & Skourtis, George & Giannopoulos, Antonios & Buhalis, Dimitrios & Koniordos, Michalis, 2019. "Value co-creation and customer citizenship behavior," Annals of Tourism Research, Elsevier, vol. 78(C), pages 1-1.
    13. Ribeiro, Manuel Alector & Pinto, Patricia & Silva, João Albino & Woosnam, Kyle M., 2017. "Residents’ attitudes and the adoption of pro-tourism behaviours: The case of developing island countries," Tourism Management, Elsevier, vol. 61(C), pages 523-537.
    14. Lin, Zhibin & Chen, Ye & Filieri, Raffaele, 2017. "Resident-tourist value co-creation: The role of residents' perceived tourism impacts and life satisfaction," Tourism Management, Elsevier, vol. 61(C), pages 436-442.
    15. Jorge Arnanz & Vicente Ramos & Javier Rey-Maquieira & Akarapong Untong, 2024. "Unravelling the effects of disruptive crises on residents’ support for tourism. Lessons from COVID-19," Tourism Economics, , vol. 30(4), pages 924-946, June.
    16. Chien, P. Monica & Ritchie, Brent W., 2018. "Understanding intergroup conflicts in tourism," Annals of Tourism Research, Elsevier, vol. 72(C), pages 177-179.
    17. Chen, Nan & Hsu, Cathy H.C., 2021. "Tourist stereotype content: Dimensions and accessibility," Annals of Tourism Research, Elsevier, vol. 89(C).
    18. Hui Zhang & Zancai Xia & Jiaxi Wang, 2024. "Spatiotemporal Changes in China’s Tourism Industry Development," Sustainability, MDPI, vol. 16(8), pages 1-31, April.
    19. Jee-Eun Lim & Hyung Ryong Lee, 2020. "Living as Residents in a Tourist Destination: A Phenomenological Approach," Sustainability, MDPI, vol. 12(5), pages 1-12, February.
    20. Scarth, Amy & Novelli, Marina, 2024. "Travel philanthropy: A multifaceted ‘exchange economy’," Annals of Tourism Research, Elsevier, vol. 106(C).
    21. Tussyadiah, Iis, 2020. "A review of research into automation in tourism: Launching the Annals of Tourism Research Curated Collection on Artificial Intelligence and Robotics in Tourism," Annals of Tourism Research, Elsevier, vol. 81(C).
    22. Rêgo, Carmo Sousa & Almeida, Joana, 2022. "A framework to analyse conflicts between residents and tourists: The case of a historic neighbourhood in Lisbon, Portugal," Land Use Policy, Elsevier, vol. 114(C).
    23. Navneel Shalendra Prasad & Nikeel Nishkar Kumar, 2022. "Resident Perceptions of Environment and Economic Impacts of Tourism in Fiji," Sustainability, MDPI, vol. 14(9), pages 1-20, April.

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