Tourism as an Automatic Stabilizer (notice n° 546829)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01461cam a2200193 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121114340.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Laffargue, Jean-Pierre |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Tourism as an Automatic Stabilizer |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2014.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 25 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This article examines how the damaging effects of a sudden stop in foreign capital inflow are attenuated in a small open economy with an important tourism sector. The economic weight is weaker in the case of sectors that produce internationally exchangeable goods that are especially vulnerable to an increase in the price of foreign capital. The decrease in the price of non-internationally exchangeable goods, resulting from the stop in capital inflow, has the effect of drawing more tourists, whose spending in turn attenuates this decrease and facilitates a redeployment of the economy towards the sectors producing these goods. These stabilizing effects increase with the price elasticity of the function of tourism demand, that is to say, when the services offered to tourists in the studied economy are substitutable by those proposed by other destinations. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | automatic stabilizer |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | tourism |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | sudden stop |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Recherches économiques de Louvain | 80 | 3 | 2014-08-28 | p. 5-20 | 0770-4518 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-recherches-economiques-de-louvain-2014-3-page-5?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-recherches-economiques-de-louvain-2014-3-page-5?lang=en&redirect-ssocas=7080</a> |
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