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The Economics of Tourism and Sustainable Development
THE FONDAZIONE ENI ENRICO MATTEI (FEEM) SERIES ON ECONOMICS AND THE ENVIRONMENT
Series Editor: Carlo Carraro, University of Venice, Venice and Research Director, Fondazione Eni Enrico Mattei (FEEM), Milan, Italy
Editorial Board
Kenneth J. Arrow, Department of Economics, Stanford University, Stanford, California, USA
William J. Baumol, CV Starr Center for Applied Economics, New York University, New York City, USA
Partha Dasgupta, Cambridge University, Cambridge, UK
Karl-Göran Mäler, The Beijer International Institute of Ecological Economics, The Royal Swedish Academy of Sciences, Stockholm, Sweden
Ignazio Musu, University of Venice, Venice, Italy
Henry Tulkens, Center for Operations Research and Econometrics (CORE), Université Catholique de Louvain, Louvain-la-Neuve, Belgium
The Fondazione Eni Enrico Mattei (FEEM) was established in 1989 as a non-profit, non-partisan research institution. It carries out high-profile research in the fields of economic development, energy and the environment, thanks to an international network of researchers who contribute to disseminate knowledge through seminars, congresses and publications. The main objective of the Fondazione is to foster interactions among academic, industrial and public policy spheres in an effort to find solutions to environmental problems. Over the years it has thus become a major European institution for research on sustainable development and the privileged interlocutor of a number of leading national and international policy institutions.
The Fondazione Eni Enrico Mattei (FEEM) Series on Economics and the Environment publishes leading-edge research findings providing an authoritative and up-to-date source of information in all aspects of sustainable development. FEEM research outputs are the results of a sound and acknowledged cooperation between its internal staff and a worldwide network of outstanding researchers and practitioners. A Scientific Advisory Board of distinguished academics ensures the quality of the publications.
This series serves as an outlet for the main results of FEEM’s research programmes in the areas of economics, energy and the environment.
Titles in the series include:
Game Practice and the Environment Edited by Carlo Carraro and Vito Fragnelli
Analysing Strategic Environment Assessment Towards Better Decision-Making
Edited by Pietro Caratti, Holger Dalkmann and Rodrigo Jiliberto
Trade and Environment
Theory and Policy in the Context of EU Enlargement and Economic Transition Edited by John W. Maxwell and Rafael Reuveny
Green Accounting in Europe
A Comparative Study, Volume 2
Edited by Anil Markandya and Marialuisa Tamborra
The Economics of Tourism and Sustainable Development
Edited by Alessandro Lanza, Anil Markandya and Francesco Pigliaru
The Economics of Tourism and Sustainable Development
Edited by
Alessandro Lanza
Director, Fondazione Eni Enrico Mattei (FEEM), Milan, Italy
Anil Markandya
Fondazione Eni Enrico Mattei (FEEM), Milan, Italy and Professor of Economics, University of Bath, UK
Francesco Pigliaru
Professor of Economics, University of Cagliari and CRENoS, Italy
THE FONDAZIONE ENI ENRICO MATTEI (FEEM) SERIES ON ECONOMICS AND THE ENVIRONMENT
Edward Elgar
Cheltenham, UK · Northampton, MA, USA
© Alessandro Lanza, Anil Markandya, Francesco Pigliaru, 2005
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical or photocopying, recording, or otherwise without the prior permission of the publisher.
Published by
Edward Elgar Publishing Limited Glensanda House
Montpellier Parade Cheltenham
Glos GL50 1UA UK
Edward Elgar Publishing, Inc. 136 West Street
Suite 202 Northampton Massachusetts 01060 USA
A catalogue record for this book
is available from the British Library
ISBN 1 84542 401 8
Printed and bound in Great Britain by MPG Books Ltd, Bodmin, Cornwall
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