262 research outputs found
Migration, Unemployment and Net Benefits of Inbound Tourism in a Developing Country
International tourism is increasingly viewed as one of the best opportunities for a sustainable economic and social development of developing countries. There is also an increasing concern from public policy makers as to whether mass tourism coastal resorts can play a catalytic role in the overall economic development and improve the real income of their community. In this paper, we present a general equilibrium model which explicitly takes into consideration specific features of some developing countries (e.g. coastal tourism, dual labour market, unemployment, migrations, competition between agriculture and tourism for land) to analyse the ways by which an inbound tourism boom affects this kind of country, in particular its real income. We define the conditions under which an inbound tourism boom makes developing countries residents worse off.Economic impacts, General equilibrium model, Inbound tourism, Migration, Unemployment, Developing countries
Le syndrome néerlandais : relations intersectorielles et vulnérabilité des branches exposées
Lâobservation a montrĂ© que, contrairement Ă ce quâaffirmaient les premiers modĂšles du syndrome nĂ©erlandais, un boom dans un secteur exposĂ© Ă la concurrence internationale ne nuisait pas nĂ©cessairement Ă lâensemble de tous les autres secteurs exposĂ©s de lâĂ©conomie; certains dâentre eux pouvaient mĂȘme en bĂ©nĂ©ficier et connaĂźtre une phase dâexpansion. Deux facteurs explicatifs ont Ă©tĂ© jusquâici proposĂ©s : le degrĂ© de mobilitĂ© du capital et lâimparfaite substituabilitĂ© des biens nationaux aux biens Ă©trangers. Lâobjet de cet article est de montrer quâun troisiĂšme facteur est capable de rendre compte des tendances expansionnistes manifestĂ©es par certaines branches exposĂ©es : câest la prĂ©sence dans lâĂ©conomie de biens intermĂ©diaires abritĂ©s. Dans ce cadre enrichi du cĂŽtĂ© de lâoffre, des Ă©volutions atypiques par rapport aux rĂ©sultats traditionnels sont envisageables tant pour les productions que pour les revenus factoriels. On prĂ©sente pour finir quelques Ă©lĂ©ments relatifs au cas du Nigeria.Many empirical observations showed that a boom in a traded sector does not necessarily damage all the other traded sectors of the economy, which is in contradiction with the predictions of the former models of the Dutch disease. Some sectors may even benefit from the boom and their production may expand. This phenomenon has so far been explained by the degree of intersectoral capital mobility or the imperfect substituability between domestic and foreign traded goods. The purpose of this article is to demonstrate that a third factor can explain the expansion of some traded sectors in a booming economy. This factor consists in the intensity and the nature of the interindustry flows, and more precisely in the presence of non traded intermediate goods. In a model including these features, atypical evolutions are permitted for the productions and for the factor incomes. Some empirical elements about Nigeria close this paper
Tourism, Trade and Domestic Welfare
Tourism has been regarded as a major source of economic growth and a good source of foreign exchange earnings. Tourism has also been considered as an activity that imposes costs on the host country. Such costs include increased pollution, congestion and despoliation of fragile environments and intra-generational inequity aggravation. One aspect that has been ignored is the general equilibrium effects of tourism on the other sectors in the economy. These effects can be quite substantial and should be taken into account when assessing the net benefits of a tourism boom on an economy. This paper presents a model which captures the interdependence between tourism and the rest of the economy, in particular agriculture and manufacturing. We examine the effect of a tourist boom on structural adjustment, commodity and factor prices and more importantly resident welfare. An important result obtained is that the tourist boom may âimmiserizeâ the residents. This occurs because of two effects. The first, a favourable effect due to an increase in the relative price of the non-traded good which is termed the secondary terms of trade effect. The second, a negative effect due to an efficiency loss that occurs in the presence of increasing returns to scale in manufacturing. If this second effect outweighs the first effect, resident immiserization occurs.Tourism, Trade welfare
Intra-Tourism Trade in Europe
The purpose of this paper is to contribute to our understanding of the empirics of trade in tourism services by studying bilateral intra-tourism trade for a sample of 14 member states of the European Union during the period 2000â2004. The authors apply the most up-to-date and robust method available in the literature to distinguish vertically and horizontally differentiated products: the Azhar and Elliott method (2006). The results clearly show that, contrary to conventional wisdom, a large proportion of European countries simultaneously exports and imports comparable amounts of tourism services. Moreover, the predominance of vertical differentiation in these intra-tourism flows suggests that international specialization is taking place in Europe within the tourism sector itself, along the spectrum of quality
Tourism and Globalization: A Trade Theoretic Approach
An important facet of globalization is the international fragmentation of production. This phenomenon has been studied for goods and many services but has so far been neglected in tourism studies. In this paper, we attempt to rectify that by providing theoretical and empirical evidence of various aspects of the international division of tourism production (IDTP). In the theoretical section, we use the traditional Ricardian paradigm to show that the IDTP is a conceivable possibility for tourism and may even be highly likely in a context of rapidly decreasing costs of transport, trade and communications. The three
theoretical cases shown here can be interpreted, in a historical perspective, as describing the gradual opening of tourism to international trade in Europe. The
empirical section is based on the revealed comparative advantage index of Balassa to study the pattern of specialization of 36 countries (18 OECD countries and 18 developing countries) in two segments of the tourism product system. Our results confirm that tourism production has been globally fragmented over the period 1980-2006, but that the pattern of specialization of
the two groups of countries evolved differently over time
Tourism and Globalization: A Trade Theoretic Approach
An important facet of globalization is the international fragmentation of production. This phenomenon has been studied for goods and many services but has so far been neglected in tourism studies. In this paper, we attempt to rectify that by providing theoretical and empirical evidence of various aspects of the international division of tourism production (IDTP). In the theoretical section, we use the traditional Ricardian paradigm to show that the IDTP is a conceivable possibility for tourism and may even be highly likely in a context of rapidly decreasing costs of transport, trade and communications. The three
theoretical cases shown here can be interpreted, in a historical perspective, as describing the gradual opening of tourism to international trade in Europe. The
empirical section is based on the revealed comparative advantage index of Balassa to study the pattern of specialization of 36 countries (18 OECD countries and 18 developing countries) in two segments of the tourism product system. Our results confirm that tourism production has been globally fragmented over the period 1980-2006, but that the pattern of specialization of
the two groups of countries evolved differently over time
Tourism and Globalization: The International Division of Tourism Production
An important facet of globalization is the international fragmentation of production. This phenomenon, also called
international division of production processes, outsourcing, vertical specialization, and so on, has been studied for goods and many services but has so far been ignored for tourism. This article attempts to rectify that by providing theoretical and empirical evidence of various aspects of the international division of tourism production. In the modeling section, the traditional Ricardian paradigm of international trade theory is deliberately chosen to explain how the international splitting up of value-added chains in the tourism industry can occur across countries. The authors then conduct an empirical study of a sample of 38 countries to measure these countriesâ comparative advantages in two segments of the tourism product system. Data from 1980-2004 indicate that tourism production is globally fragmented and that the scale of such fragmented
production is quite substantial. Using more disaggregated data for 15 EU countries, the authors find evidence of a high level of fragmented tourism production as well
Embracing the Unreliability of Memory Devices for Neuromorphic Computing
The emergence of resistive non-volatile memories opens the way to highly
energy-efficient computation near- or in-memory. However, this type of
computation is not compatible with conventional ECC, and has to deal with
device unreliability. Inspired by the architecture of animal brains, we present
a manufactured differential hybrid CMOS/RRAM memory architecture suitable for
neural network implementation that functions without formal ECC. We also show
that using low-energy but error-prone programming conditions only slightly
reduces network accuracy
Homeostatic competition drives tumor growth and metastasis nucleation
We propose a mechanism for tumor growth emphasizing the role of homeostatic
regulation and tissue stability. We show that competition between surface and
bulk effects leads to the existence of a critical size that must be overcome by
metastases to reach macroscopic sizes. This property can qualitatively explain
the observed size distributions of metastases, while size-independent growth
rates cannot account for clinical and experimental data. In addition, it
potentially explains the observed preferential growth of metastases on tissue
surfaces and membranes such as the pleural and peritoneal layers, suggests a
mechanism underlying the seed and soil hypothesis introduced by Stephen Paget
in 1889 and yields realistic values for metastatic inefficiency. We propose a
number of key experiments to test these concepts. The homeostatic pressure as
introduced in this work could constitute a quantitative, experimentally
accessible measure for the metastatic potential of early malignant growths.Comment: 13 pages, 11 figures, to be published in the HFSP Journa
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