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Author: | Aguiló, E. Riera, A. Rosselló, J. |
Title: | The short-term price effect of a tourist tax through a dynamic demand model. The case study of the Balearic Islands |
Journal: | Tourism Management
2005 : JUN, VOL. 26:3, p. 359-365 |
Index terms: | Tourism Taxation Pricing Elasticity of demand Utility theory Spain |
Language: | eng |
Abstract: | Many tourist destinations collect tourist taxes for governments want to gain extra revenue. This article examines the impact of tourist taxation and price changes on travel-related services and consumers travel decisions. A combination of a diffusion model and utility theory to tourists that visit the Balearic Islands in Spain is used for the study. |
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