Details
| Original language | English |
|---|---|
| Pages (from-to) | 127-143 |
| Number of pages | 17 |
| Journal | Development Southern Africa |
| Volume | 36 |
| Issue number | 1 |
| Early online date | 2 Jul 2018 |
| Publication status | Published - 2019 |
Abstract
This article considers a developing country which is abundant in a non-renewable natural resource but scarce in industrial goods. The resource can be used for consumption or for exporting ecotourism services. The article examines scenarios in which technical progress, rising demand for tourism services and higher preferences for the environment reduce today's optimal depletion of the resource. Myopic behaviour and future terms-of-trade gains, however, encourage overexploitation of the resource. As a remedy, the article derives the socially optimal subsidy for the conservation of the resource and discusses North–South transfer schemes which save nature via trade in ecotourism services. Numerical examples suggest that under optimistic assumptions a subsidy rate of about 10% would suffice to preserve the natural resource in the developing country for the provision of tourism services. The resulting cost burden would represent less than 0.03% of the Northern GDP.
Keywords
- (eco-)tourism, developing countries, International trade, non-renewable resource, Southern Africa
ASJC Scopus subject areas
- Social Sciences(all)
- Geography, Planning and Development
- Social Sciences(all)
- Development
Sustainable Development Goals
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In: Development Southern Africa, Vol. 36, No. 1, 2019, p. 127-143.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - How trade in ecotourism services can save nature
T2 - a policy scenario analysis
AU - Hübler, Michael
N1 - Funding Information: I thank two anonymous reviewers and Peter Nunnenkamp, formerly at the Kiel Institute for the World Economy, Germany, for very helpful comments.
PY - 2019
Y1 - 2019
N2 - This article considers a developing country which is abundant in a non-renewable natural resource but scarce in industrial goods. The resource can be used for consumption or for exporting ecotourism services. The article examines scenarios in which technical progress, rising demand for tourism services and higher preferences for the environment reduce today's optimal depletion of the resource. Myopic behaviour and future terms-of-trade gains, however, encourage overexploitation of the resource. As a remedy, the article derives the socially optimal subsidy for the conservation of the resource and discusses North–South transfer schemes which save nature via trade in ecotourism services. Numerical examples suggest that under optimistic assumptions a subsidy rate of about 10% would suffice to preserve the natural resource in the developing country for the provision of tourism services. The resulting cost burden would represent less than 0.03% of the Northern GDP.
AB - This article considers a developing country which is abundant in a non-renewable natural resource but scarce in industrial goods. The resource can be used for consumption or for exporting ecotourism services. The article examines scenarios in which technical progress, rising demand for tourism services and higher preferences for the environment reduce today's optimal depletion of the resource. Myopic behaviour and future terms-of-trade gains, however, encourage overexploitation of the resource. As a remedy, the article derives the socially optimal subsidy for the conservation of the resource and discusses North–South transfer schemes which save nature via trade in ecotourism services. Numerical examples suggest that under optimistic assumptions a subsidy rate of about 10% would suffice to preserve the natural resource in the developing country for the provision of tourism services. The resulting cost burden would represent less than 0.03% of the Northern GDP.
KW - (eco-)tourism
KW - developing countries
KW - International trade
KW - non-renewable resource
KW - Southern Africa
UR - http://www.scopus.com/inward/record.url?scp=85049563711&partnerID=8YFLogxK
U2 - 10.1080/0376835X.2018.1489780
DO - 10.1080/0376835X.2018.1489780
M3 - Article
AN - SCOPUS:85049563711
VL - 36
SP - 127
EP - 143
JO - Development Southern Africa
JF - Development Southern Africa
SN - 0376-835X
IS - 1
ER -