“…This new approach has been used in both theoretical studies (see, for example, Copeland, 1991;Chen and Devereux, 1999;Nowak and Sahli, 1999;Hazari et al, 2003;Nowak et al, 2003;Sahli and Nowak, 2005) and applied studies (Adams and Parmenter, 1995;Dwyer et al, 2000Dwyer et al, , 2004Dwyer et al, , 2005Blake et al, 2003;Narayan, 2004;Gooroochurn and Blake, 2005;Gooroochurn and Sinclair, 2005). Moreover, computable general equilibrium (CGE) modelling has the additional advantage of being able to simulate the impacts on tourism of different policy changes.…”