Economic Growth and Environment: Tourism as a Trigger for Green Growth

Marsiglio, Simone

doi:10.5367/te.2014.0411

Cited by 68 publications

(68 citation statements)

References 28 publications

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“…Production generates emissions which increase linearly the stock of pollution and θ measures the degree of environmental inefficiency of economic activities. As in Marsiglio (2015), these abatement activities reduce a share u(x) of emissions, thus 1 − u(x) represents unabated emissions. The integral term describes the idea that the emission flows at the position x are due not only to the productive activities at the same spot x but also to the productive activities in different localities, meaning that production at location x , ∀x ∈ [x a , x b ], does impact also on the emission flows faced by location x.…”

Section: The Solow-type Modelmentioning

confidence: 99%

Pollution diffusion and abatement activities across space and over time

Torre

Liuzzi

Marsiglio

2015

Mathematical Social Sciences

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We analyze the spatio-temporal dynamics of capital and pollution in an economic growth model with purposive environmental protection activities. The production process of a unique homogeneous good generates pollution, thus the increases in output associated with economic growth tend to rise the stock of pollution. Pollution is a negative production externality which thus feeds back on the economy lowering the level of output; in order to compensate for such a negative effect associated with economic development, pollution is reduced by publicly funded abatement activities. We firstly consider a Solow-type framework in which economic and environmental policies are completely exogenous, and then we move to a Ramsey-type context in which they are endogenously determined. We analyze the spatio-temporal dynamics of the model economy through numerical simulations, and we consider two different specifications of the production function (a globally concave and a convex-concave technology) in order to stress the role that eventual poverty traps might play on both economic and environmental outcomes. We show that in the convexconcave technology framework, whenever rich regions are substantially rich diffusion can help poor regions to escape their poverty traps; if however they are not rich enough diffusion might condemn also rich regions to collapse. However, even if rich regions are particularly rich whenever the pollution externality is strong, the whole spatial economy might be doomed to collapse. Forthcoming in Mathematical Social Sciences AbstractWe analyze the spatio-temporal dynamics of capital and pollution in an economic growth model with purposive environmental protection activities. The production process of a unique homogeneous good generates pollution, thus the increases in output associated with economic growth tend to rise the stock of pollution. Pollution is a negative production externality which thus feeds back on the economy lowering the level of output; in order to compensate for such a negative effect associated with economic development, pollution is reduced by publicly funded abatement activities. We firstly consider a Solow-type framework in which economic and environmental policies are completely exogenous, and then we move to a Ramseytype context in which they are endogenously determined. We analyze the spatio-temporal dynamics of the model economy through numerical simulations, and we consider two different specifications of the production function (a globally concave and a convex-concave technology) in order to stress the role that eventual poverty traps might play on both economic and environmental outcomes. We show that in the convex-concave technology framework, whenever rich regions are substantially rich diffusion can help poor regions to escape their poverty traps; if however they are not rich enough diffusion might condemn also rich regions to collapse. However, even if rich regions are particularly rich whenever the pollution externality is strong, the whole spatial economy mi...

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Section: The Solow-type Modelmentioning

confidence: 99%

Pollution diffusion and abatement activities across space and over time

Torre

Liuzzi

Marsiglio

2015

Mathematical Social Sciences

Self Cite

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“…The eventual direct or indirect costs associated with the transformation should be taken into account. Marsiglio [33] and Farr et al [34] dealt with the issue from a theoretical point of view and from an empirical one, respectively. Although our dataset cannot allow us to analyze the issue, it should be noted that these factors is likely to affect and distort the results.…”

Section: Discussionmentioning

confidence: 99%

“…This issue has been frequently discussed in the tourism literature. For example, Marsiglio [33] discussed how the WTP in a tourism context might depend on several factors, including environmental quality and congestion factors). The eventual direct or indirect costs associated with the transformation should be taken into account.…”

Section: Discussionmentioning

confidence: 99%

Public Willingness to Pay for Transforming Jogyesa Buddhist Temple in Seoul, Korea into a Cultural Tourism Resource

2016

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Abstract:The Jogyesa Buddhist Temple (JBT), located in Seoul, Korea, is the chief temple of the Jogye Order, which represents Korean Buddhism. The Seoul government plans to transform the JBT into a cultural tourism resource and a historical site. This study attempts to analyze the willingness to pay (WTP) for implementing the transformation, which includes building a new shopping arcade for Buddhist culture and tourism, constructing a museum for the teaching of history and an experience center for Korean traditional culture in the precincts of JBT, and making an open space for domestic and/or foreign visitors. To this end, the study looks into the WTP for the implementation, reporting on a contingent valuation (CV) survey that was conducted with 500 Seoul households. The single-bounded dichotomous choice CV model and a spike model were applied to derive the WTP responses and analyze the WTP data with zero observations, respectively. The mean yearly WTP was computed to be KRW 7129 (USD 6.30) per household for the next five years, with the estimate being statistically significant at the 1% level. Expanding the value to the Seoul population gives us KRW 25.4 billion (USD 22.5 million) per year. The present value of the total WTP amounts to KRW 114.6 billion (USD 101.3 million) using a social discount rate of 5.5%. We can conclude that Seoul households are ready to shoulder some of the financial burden of implementing the transformation.

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“…This has led to an alternative methodology that ensured that the intended analysis was more reliable. In addition, for example, [113] discussed how the WTP in a tourism context might depend on several factors, including environmental quality and congestion factors, and it should be noted that these factors is likely to affect and distort the results. Marsiglio [113] and Farr et al [114] dealt with the issue from a theoretical point of view and from an empirical one, respectively.…”

Section: Discussionmentioning

confidence: 99%

“…In this way, the demand would support the actions undertaken on the supply side. The long-run sustainability of tourism is not a utopian idea, but it requires a careful management and strategic planning [113].…”

Section: Discussionmentioning

confidence: 99%

Are Tourists Really Willing to Pay More for Sustainable Destinations?

Fernández

López-Sánchez

2016

Sustainability

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Abstract:The understanding of pro-sustainable behavior and its true economic implications is an important subject for tourism destination marketers and policymakers, especially given that limited research has focused on the economic implications of tourist preferences for more sustainable destinations. Following the identification of three different demand segments using the concept of "sustainable intelligence" (level of commitment, attitude, knowledge and/or behavior with regard to sustainability), this study hypothesizes that the tourist segment with high level of "sustainable intelligence" (called "pro-sustainable tourist") is willing to pay more to visit a more sustainable destination. The main aim of this paper is to use the logistic regression model to estimate the premium price that each segment is willing to pay to visit a sustainable destination. This paper reports the result of a willingness to pay study using data from 1118 respondents visiting the Western Costa del Sol (Andalusia, Spain), a mature sun-and-sand destination that is currently facing several developmental challenges supposedly associated with sustainability. The results obtained from this research study indicate that the tourist segment with high levels of "sustainable intelligence" is willing to pay more to visit a more sustainable tourism destination. However, there is little willingness to pay if the destination's commitment to sustainability increases the price of the tourism product (26.6% of respondents).

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Economic Growth and Environment: Tourism as a Trigger for Green Growth

Cited by 68 publications

References 28 publications

Pollution diffusion and abatement activities across space and over time

Pollution diffusion and abatement activities across space and over time

Public Willingness to Pay for Transforming Jogyesa Buddhist Temple in Seoul, Korea into a Cultural Tourism Resource

Are Tourists Really Willing to Pay More for Sustainable Destinations?

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