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Public goods in tourism municipalities: formal analysis, empirical evidence and implications for sustainable development

This paper formally analyses the effects that public goods (in a broad sense) have on tourists and private tourism firms. By approaching the tourism product as a bundle of characteristics, the paper shows how the supply of public goods in tourism municipalities positively affects both the tourists’ utility functions and the private firms’ production functions. Some implications of this fact regarding the sustainability of tourism are discussed. By means of hedonic methods, empirical evidence of location on prices for hotels on Catalonia’s coast (Spain) is provided

IP Publishing

Author: Rigall i Torrent, Ricard
Modest, Fluvià
Abstract: This paper formally analyses the effects that public goods (in a broad sense) have on tourists and private tourism firms. By approaching the tourism product as a bundle of characteristics, the paper shows how the supply of public goods in tourism municipalities positively affects both the tourists’ utility functions and the private firms’ production functions. Some implications of this fact regarding the sustainability of tourism are discussed. By means of hedonic methods, empirical evidence of location on prices for hotels on Catalonia’s coast (Spain) is provided
Document access: http://hdl.handle.net/2072/295276
Language: eng
Publisher: IP Publishing
Rights: Tots els drets reservats
Subject: Productes turístics
Tourism
Desenvolupament sostenible
Sustainable development
Title: Public goods in tourism municipalities: formal analysis, empirical evidence and implications for sustainable development
Type: info:eu-repo/semantics/article
Repository: Recercat

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