Russu, Paolo (2012): Dynamics in a environmental model with tourism taxation.
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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.
|Item Type:||MPRA Paper|
|Original Title:||Dynamics in a environmental model with tourism taxation|
|Keywords:||Words–tourism economics; tourism taxation; Hopf bifurcation; environmental quality; economic modelling|
|Subjects:||Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics
C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods
L - Industrial Organization > L8 - Industry Studies: Services > L83 - Sports ; Gambling ; Restaurants ; Recreation ; Tourism
|Depositing User:||paolo russu|
|Date Deposited:||08. Mar 2012 22:02|
|Last Modified:||18. Mar 2015 19:51|
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