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In Portugal, casinos are taxed at a 50% rate, and the tax receipts are allocated to “Turismo de Portugal”, which can use it in several ways, including subsidizing tourism firms and advertising. A recent study showed that casino demand in Portugal is predominantly originated in the domestic market. Hence, there is a debate about if casinos should be taxed so heavily. This paper aims at contributing...
In the ancient history, the Argonauts were symbolizing man’s unrestricted desire to seek for something unique, under difficult and unknown circumstances. The Argonauts sailed in their ship, named Argo, through the Bosporus to the Black Sea. On board were many well-known Greek heroes, amongst others, Heracles, Nestor, Orpheus and Theseus, while the captain in charge was Jason. Their discovery tour...
'Advances in Tourism Economics' follows his predecessor 'Advances in Modern Tourism Research' (2007) in providing a thorough assessment of state-of-the-art economic research in this rapidly developing field. The authors start by analyzing the recent upsurge of model-based economic research in the field, which builds on powerful tools in quantitative economics, such as discrete choice models, social...
The assessment of local, regional or national impacts of an influx of tourists – of different kind and origin – has in recent years become a new challenge for economics research in the tourism sector. There is a clear need to develop solid methodologies through which the socio-economic impacts of tourism can be assessed. Tourism impact assessment – as a systematic approach to the estimation of socio-economic...
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