A hypothesis about the supply function in the tourist industry

F. Zaccaria, C. Bizzarri

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This paper deals with the supply function trend in the tourism industry. In this regard, Sraffa's theory is based on a strong link between a perfectly competitive system and supply at constant cost and consequently with stabile supply prices. The paper's purpose is to present an analysis of specific problems of the supply trend in the tourism industry. Brief research shows that the tourism industry has a decreasing trend. The supply function's character is due to internal economies and chiefly to external economies. An analysis on trends of the tourism industry proves that this sector of the economy operates in a system that is not of perfect competition but is characterized by imperfect or monopolistic competition. At a certain point of function we can remark on an opposite trend because the function begins to rise.

Original languageEnglish
Title of host publicationSustainable Development and Planning IV
PublisherWITPress
Pages817-821
Number of pages5
Volume120
ISBN (Print)9781845641818
DOIs
StatePublished - 1 Jan 2009
Externally publishedYes
Event4th International Conference on Sustainable Development and Planning, Sustainable Development 2009 - , Cyprus
Duration: 13 May 200915 May 2009

Conference

Conference4th International Conference on Sustainable Development and Planning, Sustainable Development 2009
Country/TerritoryCyprus
Period13/05/0915/05/09

Keywords

  • Environmental quality
  • Political economy
  • Supply function
  • Tourism development

Fingerprint

Dive into the research topics of 'A hypothesis about the supply function in the tourist industry'. Together they form a unique fingerprint.

Cite this