Demographic and technological growth in the tourism market
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[1] Nottingham Trent University
Nottingham Trent University
Reino Unido
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- Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 14, Nº. Extra 1, 2008 (Ejemplar dedicado a: Recent advances in tourism research), págs. 115-121
- Idioma: inglés
- Texto completo no disponible (Saber más ...)
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Resumen
This paper examines, in a differential game framework, demographic and technological growth in the tourism market. The number of tourists is assumed to follow a logistic growth, being influenced by demographic and technological factors, as well as the size of the market and investment in the tourism industry. The market for tourism is an oligopoly with differentiated products. In the steadystate equilibrium, the optimal population level of tourists is directly proportional to optimal investments in infrastructure, and they increase with demographic and technological factors and the size of the market and decrease with the number and diminished differentiation of destinations, production costs for tourism service and investment and the impatience of the tourism authority.
