IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v21y2015i3p527-541.html
   My bibliography  Save this article

Keynesian Policies for Tourism: Taxation without Coordination

Author

Listed:
  • Guido Candela

    (Department of Economics, University of Bologna, Piazza Scaravilli 1, 401216 Bologna, Italy)

  • Massimiliano Castellani

    (Department of Economics, University of Bologna, Via Angherà 22, 47921 Rimini, Italy, and The Rimini Centre for Economic Analysis (RCEA), Italy)

  • Maurizio Mussoni

    (Department of Economics, University of Bologna, Via Angherà 22, 47921 Rimini, Italy, and The Rimini Centre for Economic Analysis (RCEA), Italy)

Abstract

In this paper the authors investigate the effect of a Keynesian policy in tourism destinations where tourism products are mainly sold through ‘direct sales' (decentralized solution) and the tourism market equilibrium is characterized by sticky prices and unemployment (coordination failure); thus the conditions for a Keynesian demand policy are verified. This policy is a Pareto improving solution with respect to the organization of sales by tour operators or destination managers (centralized solution), since tourism firms are not worse-off in terms of profits and there is an increase of tourism production as well as of employment.

Suggested Citation

  • Guido Candela & Massimiliano Castellani & Maurizio Mussoni, 2015. "Keynesian Policies for Tourism: Taxation without Coordination," Tourism Economics, , vol. 21(3), pages 527-541, June.
    • Handle: RePEc:sae:toueco:v:21:y:2015:i:3:p:527-541
    DOI: 10.5367/te.2015.0479
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5367/te.2015.0479
    Download Restriction: no
    File URL: https://libkey.io/10.5367/te.2015.0479?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. Rinaldo Brau & Alessandro Lanza (ed.), 2008. "Tourism and Sustainable Economic Development," Books, Edward Elgar Publishing, number 12972, December.
    2. Andergassen, Rainer & Candela, Guido & Figini, Paolo, 2013. "An economic model for tourism destinations: Product sophistication and price coordination," Tourism Management, Elsevier, vol. 37(C), pages 86-98.
    3. Guido Candela & Paolo Figini, 2012. "The Economics of Tourism Destinations," Springer Texts in Business and Economics, in: The Economics of Tourism Destinations, edition 127, chapter 0, pages 73-130, Springer.
    4. Guido Candela & Paolo Figini, 2012. "The Economics of Tourism Destinations," Springer Texts in Business and Economics, Springer, edition 127, number 978-3-642-20874-4, March.
    5. Álvaro Matias & Peter Nijkamp & Paulo Neto (ed.), 2007. "Advances in Modern Tourism Research," Springer Books, Springer, number 978-3-7908-1718-8, June.
    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. Hongru Zhang & Yang Yang, 2019. "Prescribing for the tourism-induced Dutch disease: A DSGE analysis of subsidy policies," Tourism Economics, , vol. 25(6), pages 942-963, September.

    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. Andergassen, Rainer & Candela, Guido & Figini, Paolo, 2013. "An economic model for tourism destinations: Product sophistication and price coordination," Tourism Management, Elsevier, vol. 37(C), pages 86-98.
    2. Rainer Andergassen & Guido Candela & Paolo Figini, 2017. "The management of tourism destinations," Tourism Economics, , vol. 23(1), pages 49-65, February.
    3. Massimiliano Castellani & Pierpaolo Pattitoni & Laura Vici, 2015. "Pricing Visitor Preferences for Temporary Art Exhibitions," Tourism Economics, , vol. 21(1), pages 83-103, February.
    4. Juan Ignacio Pulido-Fernández & María de la Cruz Pulido-Fernández, 2018. "Proposal for an Indicators System of Tourism Governance at Tourism Destination Level," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(2), pages 695-743, June.
    5. Carmen D à lvarez-Albelo & José A Martínez-González, 2024. "Should antitrust regulators be wary of inter-firm coordination agreements through a tourism destination card?," Tourism Economics, , vol. 30(2), pages 324-344, March.
    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. László Könnyid & Zsuzsanna Váradi & Zsombor Nagy & Noémi Ilyés & Orsolya H. Horváth, 2022. "The Changes in the Demographic Characteristics and Spatial Structure of Tourism Demand in the West Balaton Region’s Spa Cities," Sustainability, MDPI, vol. 14(17), pages 1-14, August.
    8. Arbulú, Italo & Lozano, Javier & Rey-Maquieira, Javier, 2017. "The challenges of tourism to waste-to-energy public-private partnerships," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 916-921.
    9. Vincenzo Asero & Venera Tomaselli, 2015. "Research Note: Analysing Tourism Demand in Tourist Districts — The Case of Sicily," Tourism Economics, , vol. 21(5), pages 1111-1119, October.
    10. Annie Tubadji & Peter Nijkamp, 2018. "Revisiting the Balassa–Samuelson effect: International tourism and cultural proximity," Tourism Economics, , vol. 24(8), pages 915-944, December.
    11. Roberto Patuelli & Maurizio Mussoni & Guido Candela, 2016. "The Effects of World Heritage Sites on Domestic Tourism: A Spatial Interaction Model for Italy," Advances in Spatial Science, in: Roberto Patuelli & Giuseppe Arbia (ed.), Spatial Econometric Interaction Modelling, chapter 0, pages 281-315, Springer.
    12. Kasimati Evangelia, 2016. "Does tourism contribute significantly to the Greek economy? A multiplier analysis," European Journal of Tourism, Hospitality and Recreation, Sciendo, vol. 7(1), pages 55-62, May.
    13. Sieds, 2012. "Complete Volume LXVI n.2 2012," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 66(2), pages 1-249.
    14. Šimundić Blanka & Kuliš Zvonimir, 2016. "Tourism and Economic Growth in Mediterranean Region: Dynamic Panel Data Approach," Acta Economica Et Turistica, Sciendo, vol. 2(1), pages 65-84, September.
    15. Tanaka, Kiyoyasu, 2016. "Forecasting inbound tourists in Cambodia," IDE Discussion Papers 601, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    16. Ghezzi, Antonio & Cavallo, Angelo, 2020. "Agile Business Model Innovation in Digital Entrepreneurship: Lean Startup Approaches," Journal of Business Research, Elsevier, vol. 110(C), pages 519-537.
    17. Yurena Rodríguez-Rodríguez & Raúl Hernández-Martín, 2020. "Expert Consensus Versus Statistical Techniques in the Delimitation of Tourism Destinations," Sustainability, MDPI, vol. 12(6), pages 1-23, March.
    18. Nagengast, Arne J. & Bursian, Dirk & Menz, Jan-Oliver, 2021. "Dynamic pricing and exchange rate pass-through: Evidence from transaction-level data," European Economic Review, Elsevier, vol. 133(C).
    19. Liudan Wu & Lili Hao & Lingzhi Wu & Ruize Gao & Ji Chen, 2023. "Assessing the Inbound Tourism Efficiency of European Countries in China: 2006-2019," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 625-625, April.
    20. Cellini, Roberto & Cuccia, Tiziana, 2014. "The Tourism Industry in Italy during the Great Recession (2008-12): What Data Show and Suggest," MPRA Paper 62473, University Library of Munich, Germany, revised Feb 2015.

    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:21:y:2015:i:3:p:527-541. 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.