Logo
Munich Personal RePEc Archive

Dynamics in a environmental model with tourism taxation

Russu, Paolo (2012): Dynamics in a environmental model with tourism taxation.

[thumbnail of MPRA_paper_37213.pdf]
Preview
PDF
MPRA_paper_37213.pdf

Download (175kB) | Preview

Abstract

The purpose of this work is to analyze the dynamics of a model describing the interaction between tourists (T) and environmental resource (E) in the presence or absence of a tourist tax , used to protect the environmental resource. The model highlights how the introduction of tourist tax complicates the dynamics of the system, thus giving origin a new internal equilibrium that is a saddle point, which the stable manifold separates the basin attraction of the locally attractive internal positive point from the one equilibrium point (K; 0), which is also locally stable. Moreover, starting from a system with beta= 0, which has an unstable internal equilibrium, a suitable combination of tourist tax and defensive expenditures leads to a stabilization the protect system.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.