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List of figures and tables | p. xi |
Author profiles | p. xiii |
Preface to the first edition | p. xvi |
Preface to the second edition | p. xvii |
Foreword | p. xx |
Acknowledgements | p. xxii |
Abbreviations, Acronyms and Glossary of Terms | p. xxiv |
Introduction and demand theory in tourism | p. 1 |
The scope and content of the economics of tourism | p. 3 |
Introduction | p. 3 |
The state of analysis of tourism | p. 4 |
The content and scope of the economics of tourism | p. 14 |
The structure of the book | p. 20 |
Microeconomic foundations of tourism demand | p. 22 |
Introduction | p. 22 |
Optimal choice in tourism demand | p. 24 |
The social context of tourism decision-making | p. 39 |
Conclusions | p. 44 |
Empirical studies of tourism demand | p. 45 |
Introduction | p. 45 |
The single equation approach to estimating tourism demand | p. 46 |
The systems of equations models of tourism demand | p. 61 |
Forecasting tourism demand | p. 68 |
The characteristics framework revisited | p. 71 |
Conclusions | p. 74 |
The economics of tourism supply | p. 77 |
Microeconomic foundations of tourism supply | p. 79 |
Introduction | p. 79 |
The industrial economics background | p. 81 |
The structure-conduct-performance (SCP) paradigm | p. 91 |
Game theory and tourism | p. 129 |
Conclusions | p. 138 |
The economic profile and characteristics of the tourism sectors | p. 140 |
Introduction | p. 140 |
The transport sector | p. 141 |
The accommodation sector | p. 166 |
The intermediary sector | p. 175 |
Tourism attractions | p. 186 |
Conclusions | p. 193 |
The economics of tourism at a national, regional and international level | p. 197 |
Tourism in a national and regional context | p. 199 |
Introduction | p. 199 |
The size of the tourism sector | p. 200 |
The economic impact of tourism | p. 205 |
Growth | p. 219 |
Tourism and economic transformation | p. 230 |
Conclusions | p. 235 |
Tourism in an international context | p. 237 |
Introduction | p. 237 |
Explanations of trade and tourism | p. 238 |
Globalization and transnational corporations in tourism | p. 250 |
Strategic tourism policy, protectionism and Gats | p. 258 |
Conclusions | p. 262 |
The economics of environmental issues in tourism and an appraisal of the economic analysis of tourism | p. 265 |
Global environmental issues and tourism | p. 267 |
Background | p. 267 |
The environment and its role | p. 269 |
The relevance of the concept of globalization to environmental issues | p. 272 |
Global environmental issues | p. 273 |
Tourism and global environmental challenges | p. 276 |
Solutions to global environmental problems | p. 277 |
The environmental implications of international tourism | p. 278 |
Global environmental issues, international trade and tourism | p. 287 |
Sustainability | p. 295 |
Sustainability and tourism | p. 302 |
Conclusions on the state of the analysis of sustainable tourism | p. 308 |
Final observations on global environmental issues and tourism | p. 309 |
The analysis of tourism environmental issues at the local level | p. 311 |
The content and scope of environmental and ecological Economics | p. 311 |
The context of the microeconomic analysis of environmental issues | p. 315 |
Capital appraisal frameworks | p. 322 |
Cost-benefit analysis and its variants | p. 323 |
Cost-benefit analysis: its scope and content | p. 326 |
A critique of cost-benefit analysis | p. 333 |
Tourism development and cost-benefit analysis | p. 334 |
Market valuation of resources and market failure | p. 335 |
Resources use and conservation | p. 347 |
Tourism and the use of non-renewable and renewable resources | p. 353 |
Case studies of tourism's performance in the use of renewable resources | p. 362 |
Some wider implications of studies of tourism's use of renewable resources | p. 366 |
A postscript on the economics of environmental issues relating to the use of resources in tourism destinations | p. 369 |
Conclusions | p. 370 |
The valuation of resources and environmental policy instruments | p. 372 |
Introduction | p. 372 |
The valuation of resources | p. 373 |
The total economic value of resources | p. 376 |
Valuation methods | p. 380 |
Other methods of valuation | p. 395 |
A concluding overview of the application to tourism of the main methods of valuing non-priced resources | p. 399 |
Achieving environmental targets: policy instruments | p. 401 |
Priced-based instruments | p. 402 |
Non-monetary instruments: regulation and standards | p. 411 |
Some general observations on policy instruments | p. 413 |
Environmental policy instruments in the context of tourism | p. 414 |
An overall appraisal of the application of environmental economics to tourism | p. 419 |
Whither the economics of tourism? | p. 423 |
Background | p. 423 |
Perceptions of tourism economics research | p. 424 |
An overall appraisal of the current state of tourism economics research | p. 433 |
The wider context of the economic analysis of tourism | p. 435 |
The future direction of research on tourism | p. 437 |
The future direction of economics tourism research | p. 441 |
Postscript | p. 443 |
References | p. 445 |
Index | p. 497 |
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