Tourism and welfare in Sub-Saharan Africa: A theoretical analysis
Tourism and welfare in Sub-Saharan Africa: A theoretical analysis
Place:
Oxford
Publisher:
Oxford University Press
Date published:
1999
Record type:
Region:
Responsibility:
Devereux, J., jt. Author
Journal Title:
Journal of African Economies
Source:
Journal of African Economies Volume 8 issue 2 July 1999 pp. 209-227
Subject:
Abstract:
Using the standard theoretical model of trade, we study the welfare effects of tourism for developing countries with particular reference to Sub-Saharan Africa. We show that tourism can reduce welfare for trade regimes dominated by export taxes or import subsidies. In addition, we argue that tourist immiserisation is possible for Sub-Saharan Africa. Finally, we show that direct foreign investment in tourism, is for the most part, beneficial.
Language:
Subject profile :
CITATION: Chen, L.L.. Tourism and welfare in Sub-Saharan Africa: A theoretical analysis . Oxford : Oxford University Press , 1999. Journal of African Economies Volume 8 issue 2 July 1999 pp. 209-227 - Available at: https://library.au.int/tourism-and-welfare-sub-saharan-africa-theoretical-analysis