IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v14y2008i1p115-121.html
   My bibliography  Save this article

Demographic and Technological Growth in the Tourism Market

Author

Listed:
  • João Ricardo Faria

    (Nottingham Business School, Nottingham Trent University, Burton Street, Nottingham NG1 4BU, UK)

Abstract

This paper examines, in a differential game framework, demographic and technological growth in the tourism market. The number of tourists is assumed to follow a logistic growth, being influenced by demographic and technological factors, as well as the size of the market and investment in the tourism industry. The market for tourism is an oligopoly with differentiated products. In the steady-state equilibrium, the optimal population level of tourists is directly proportional to optimal investments in infrastructure, and they increase with demographic and technological factors and the size of the market and decrease with the number and diminished differentiation of destinations, production costs for tourism service and investment and the impatience of the tourism authority.

Suggested Citation

  • João Ricardo Faria, 2008. "Demographic and Technological Growth in the Tourism Market," Tourism Economics, , vol. 14(1), pages 115-121, March.
    • Handle: RePEc:sae:toueco:v:14:y:2008:i:1:p:115-121
    DOI: 10.5367/000000008783554776
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5367/000000008783554776
    Download Restriction: no
    File URL: https://libkey.io/10.5367/000000008783554776?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Eugeni Aguiló & Joaquín Alegre & Maria Sard, 2003. "Examining the Market Structure of the German and UK Tour Operating Industries through an Analysis of Package Holiday Prices," Tourism Economics, , vol. 9(3), pages 255-278, September.
    2. Carlos Pestana Barros, 2006. "Analysing the Rate of Technical Change in the Portuguese Hotel Industry," Tourism Economics, , vol. 12(3), pages 325-346, September.
    3. Giannoni, Sauveur & Maupertuis, Marie-Antoinette, 2005. "Environmental Quality and Long Run Tourism Development a Cyclical Perspective for Small Island Tourist Economies," Natural Resources Management Working Papers 12147, Fondazione Eni Enrico Mattei (FEEM).
    4. Manera, Carles & Taberner, Jaume Garau, 2006. "The Recent Evolution and Impact of Tourism in the Mediterranean: The Case of Island Regions, 1990-2002," Natural Resources Management Working Papers 12134, Fondazione Eni Enrico Mattei (FEEM).
    5. Dockner,Engelbert J. & Jorgensen,Steffen & Long,Ngo Van & Sorger,Gerhard, 2000. "Differential Games in Economics and Management Science," Cambridge Books, Cambridge University Press, number 9780521637329, November.
    6. Jaume Garau Taberner & Carles Manera, 2006. "The Recent Evolution and Impact of Tourism in the Mediterranean: The Case of Island Regions, 1990-2002," Working Papers 2006.108, Fondazione Eni Enrico Mattei.
    7. Font, Antoni Riera, 2000. "Mass Tourism and the Demand for Protected Natural Areas: A Travel Cost Approach," Journal of Environmental Economics and Management, Elsevier, vol. 39(1), pages 97-116, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stefan F Schubert & Günter Schamel, 2021. "Sustainable tourism development: A dynamic model incorporating resident spillovers," Tourism Economics, , vol. 27(7), pages 1561-1587, November.
    2. Bruno Marques, 2024. "Tourism development: A capacity dynamic," Post-Print hal-04474031, HAL.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Claudio Piga, 2003. "Pigouvian Taxation in Tourism," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(3), pages 343-359, November.
    2. Masahiko Hattori & Yasuhito Tanaka, 2019. "General analysis of dynamic oligopoly with sticky price," Economics Bulletin, AccessEcon, vol. 39(4), pages 2990-2998.
    3. Régis Chenavaz & Corina Paraschiv & Gabriel Turinici, 2017. "Dynamic Pricing of New Products in Competitive Markets: A Mean-Field Game Approach," Working Papers hal-01592958, HAL.
    4. Reinhard Neck & Dmitri Blueschke, 2014. "“Haircuts” for the EMU periphery: virtue or vice?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(2), pages 153-175, May.
    5. A. J. Novak & G. Feichtinger & G. Leitmann, 2010. "A Differential Game Related to Terrorism: Nash and Stackelberg Strategies," Journal of Optimization Theory and Applications, Springer, vol. 144(3), pages 533-555, March.
    6. Gerhard Sorger, 2005. "A dynamic common property resource problem with amenity value and extraction costs," International Journal of Economic Theory, The International Society for Economic Theory, vol. 1(1), pages 3-19, March.
    7. Joaquín Alegre & Magdalena Cladera & Maria Sard, 2012. "The Evolution of British Package Holiday Prices in the Balearic Islands, 2000–2008," Tourism Economics, , vol. 18(1), pages 59-75, February.
    8. Denis Claude & Charles Figuières & Mabel Tidball, 2008. "Short-run stick and long-run carrot policy: the role of initial conditions," Working Papers 08-04, LAMETA, Universtiy of Montpellier, revised Feb 2008.
    9. Stergios Athanassoglou & Glenn Sheriff & Tobias Siegfried & Woonghee Huh, 2012. "Optimal Mechanisms for Heterogeneous Multi-Cell Aquifers," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(2), pages 265-291, June.
    10. S. Luckraz, 2008. "Process Spillovers and Growth," Journal of Optimization Theory and Applications, Springer, vol. 139(2), pages 315-335, November.
    11. Mukherjee, Arka & Chauhan, Satyaveer S., 2021. "The impact of product recall on advertising decisions and firm profit while envisioning crisis or being hazard myopic," European Journal of Operational Research, Elsevier, vol. 288(3), pages 953-970.
    12. Laussel, Didier & Resende, Joana, 2014. "Dynamic price competition in aftermarkets with network effects," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 106-118.
    13. Hassan Benchekroun & Farnaz Taherkhani, 2014. "Adaptation and the Allocation of Pollution Reduction Costs," Dynamic Games and Applications, Springer, vol. 4(1), pages 32-57, March.
    14. Francesco Caruso & Maria Carmela Ceparano & Jacqueline Morgan, 2017. "Uniqueness of Nash Equilibrium in Continuous Weighted Potential Games," CSEF Working Papers 471, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 18 Jun 2017.
    15. Niko Jaakkola & Florian Wagener, 2020. "All symmetric equilibria in differential games with public goods," Tinbergen Institute Discussion Papers 20-020/II, Tinbergen Institute.
    16. John A. Curtis, 2002. "Estimating the Demand for Salmon Angling in Ireland," The Economic and Social Review, Economic and Social Studies, vol. 33(3), pages 319-332.
    17. João Faria & Rajeev Goel, 2010. "Returns to networking in academia," Netnomics, Springer, vol. 11(2), pages 103-117, July.
    18. Javier Frutos & Guiomar Martín-Herrán, 2018. "Selection of a Markov Perfect Nash Equilibrium in a Class of Differential Games," Dynamic Games and Applications, Springer, vol. 8(3), pages 620-636, September.
    19. Johnson Kakeu & Gérard Gaudet, 2011. "The Quest for Hegemony Among Countries and Global Pollution," Dynamic Games and Applications, Springer, vol. 1(4), pages 498-513, December.
    20. Nair, Anand & Narasimhan, Ram, 2006. "Dynamics of competing with quality- and advertising-based goodwill," European Journal of Operational Research, Elsevier, vol. 175(1), pages 462-474, November.

    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:sae:toueco:v:14:y:2008:i:1:p:115-121. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: SAGE Publications (email available below). General contact details of provider: .

    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.