Tourism Economics and Policy

This second edition shows that the authors have been continuously improving the relevance and readability of the text with the latest research findings in tourism economics. It is very well written and the flow and logic of the writing is appropriate and easily accessible for students, researchers and practitioners. * Haiyan Song, Hong Kong Polytechnic University, Hong Kong * This revised edition covers a wide range of key topics in tourism economics updated to reflect latest trends in scholarship. The book provides students and researchers with tools to understand the latest changes affecting the tourism industry globally and to support private and public sector decision making to deliver desirable economic outcomes. * Neelu Seetaram, University of Huddersfield, UK * I am pleased to recommend the second edition of Tourism Economics and Policy. This textbook is a rich resource for students, practitioners and scholars who want to enhance their knowledge and understanding on the subjects of tourism and economics. It provides a comprehensive picture of the main operations and activities in the tourism industry. * Mark Anthony Camilleri, University of Malta, Malta *

Larry Dwyer is Visiting Research Professor at University of Technology, Sydney, Australia. He is also Adjunct Professor at Griffith University, Australia and University of Ljubljana, Slovenia. Peter Forsyth is Adjunct Professor, Monash University, Melbourne, Australia. Wayne Dwyer is a former Senior Lecturer in economics and finance at the University of Western Sydney, Australia.

Part 1 Tourism Demand and Supply Chapter 1. The Demand for Tourism Chapter 2. Tourism Supply Chapter 3. The Price Mechanism Chapter 4. Tourism and Market Structure Chapter 5. Strategic Pricing in Tourism Part 2 Tourism Forecasting Chapter 6. Forecasting Tourism Demand Part 3 Tourisms Economic Contribution and Economic Impacts Chapter 7. Economic Contribution of Tourism Chapter 8. Measuring Economic Contribution: Tourism Satellite Accounts Chapter 9. Economic Impacts of Tourism Chapter 10. Economic Evaluation of Special Events Part 4 Tourism Investment and Taxation Chapter 11. Investment by Tourism Firms Chapter 12. Investment in Tourism Infrastructure Chapter 13. Taxation of Tourism Part 5 Tourism and Transport Chapter 14. Tourism and Transport Part 6 Tourism and the Environment Chapter 15. Valuing Tourisms Environmental Effects Chapter 16. Economic Instruments and Environmental Protection in Tourism Part 7 Tourism, Growth and Sustainability Chapter 17. Tourism and Economic Growth Chapter 18. Tourism and Sustainable Development Part 8 Destination Competitiveness Chapter 19. Destination Competitiveness Part 9 Future Directions Chapter 20. Future Directions in Tourism Economics