The economics and implications ofmoratoriaon tourism accommodation development as a rejuvenation tool in mature tourism destinations

التفاصيل البيبلوغرافية
العنوان: The economics and implications ofmoratoriaon tourism accommodation development as a rejuvenation tool in mature tourism destinations
المؤلفون: Raúl Hernández-Martín, Noemi Padrón-Fumero, Carmen D. Álvarez-Albelo
المصدر: Journal of Sustainable Tourism. 23:881-899
بيانات النشر: Informa UK Limited, 2015.
سنة النشر: 2015
مصطلحات موضوعية: Government, Clientelism, Labour economics, Regulatory capture, business.industry, Economic policy, media_common.quotation_subject, Geography, Planning and Development, Economic rent, Tourism, Leisure and Hospitality Management, Economics, Profitability index, business, Accommodation, Rent-seeking, Tourism, media_common
الوصف: This paper fills a literature gap on the economic rationale and implications of moratoria on accommodation development in mature tourism destinations. Moratoria are government-led capacity controls, which reduce market competition and seek to create economic rents. The paper provides a comprehensive set of economic foundations justifying the enactment of moratoria in situations characterised by over-capacity, low profitability, little innovation, environmental damage, strategic behaviour and sectoral imbalances. It notes that the implementation of these controls could be related to regulatory capture, rent seeking and clientelism. While capacity controls can restrain tourism over-expansion and can help fix some of its undesirable consequences, they may lead to multiple and varied unforeseen effects on the rejuvenation process and on the rest of the economy, issues also addressed in the paper. Moratoria relate to the concept of de-growth, which is a highly contested area of discussion. A moratorium does no...
تدمد: 1747-7646
0966-9582
URL الوصول: https://explore.openaire.eu/search/publication?articleId=doi_________::e66fc73ddbcaea842e6e81bc42269cde
https://doi.org/10.1080/09669582.2015.1027212
رقم الأكسشن: edsair.doi...........e66fc73ddbcaea842e6e81bc42269cde
قاعدة البيانات: OpenAIRE