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Article Dans Une Revue International Review of Economics and Finance Année : 2012

Environmental Control, Wage Inequality and National Welfare for a Tourism Economy

Résumé

This paper examines the effects of stricter environmental regulation on income distribution and welfare for an open economy with inbound tourism. The pollution input is considered as a mobile factor between sectors, and a decrease in it lowers wages of skilled labor in the traded sector but can increase the wages of unskilled labor in the non-traded sector. A stricter policy on environmental controls can narrow wage inequality and increase welfare if the tourism terms-of-trade effect dominates. These results are confirmed by simulations.
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Dates et versions

hal-00644023 , version 1 (23-11-2011)

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  • HAL Id : hal-00644023 , version 1

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Chao Chi-Chur, Pasquale M Sgro, Jean-Pierre Laffargue. Environmental Control, Wage Inequality and National Welfare for a Tourism Economy. International Review of Economics and Finance, 2012, 22, pp.201-207. ⟨hal-00644023⟩
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