Public goods in tourism municipalities: formal analysis, empirical evidence and implications for sustainable development

• Autores: Ricard Rigall i Torrent, Modest Fluvià
• Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 13, Nº. 3, 2007, págs. 361-378
• Idioma: inglés
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• Dialnet Métricas: 4 Citas
• Resumen

  • This paper formally analyses the effects that public goods (in a broad sense) have on tourists and private tourism firms. By approaching the tourism product as a bundle of characteristics, the paper shows how the supply of public goods in tourism municipalities positively affects both the tourists� utility functions and the private firms� production functions. Some implications of this fact regarding the sustainability of tourism are discussed. By means of hedonic methods, empirical evidence of location on prices for hotels on Catalonia�s coast (Spain) is provided.