IDEAS home Printed from https://ideas.repec.org/a/rce/rvceco/15051.html
   My bibliography  Save this article

A theoretical model of factors reallocation before a tourism demand shock

Author

Listed:
  • Rojas, Diego

Abstract

This paper analyzes the relevance and possible impact of tourism on Costa Rican economy, from a theoretical point of view. The absence of formal studies assuming conditions close to the Costa Rican economy and the wide application of incentives in this nation to promote tourism prove this research relevant. First, the different models proposed in the literature are analyzed. Secondly, a model close to Costa Rican conditions is developed. The development of such model is the main objective of this paper. Specifically, the objective of this model is to shed some light on the following questions: 1) What is the possible impact on domestic production –in the long run- of an permanent increase in tourism demand for domestic goods?, 2) In the long run, what sectors might increase their production and what sectors might experience a decrease in production before a tourism demand increase? and, 3) What is the expected behavior of relative prices –in the long run- before an increase in tourism demand?

Suggested Citation

  • Rojas, Diego, 2014. "A theoretical model of factors reallocation before a tourism demand shock," Revista de Ciencias Económicas, Instituto de Investigaciones en Ciencias Económicas, Universidad de Costa Rica, vol. 32(1), December.
  • Handle: RePEc:rce:rvceco:15051
    as

    Download full text from publisher

    File URL: https://revistas.ucr.ac.cr/index.php/economicas/article/view/15051
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rce:rvceco:15051. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Luis J. Hall (email available below). General contact details of provider: https://edirc.repec.org/data/iiucrcr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.