英文摘要 |
This paper develops a theoretical model for the ecotourism industry with multi-firm to analyze the dynamic relation between the number of tourists and the stockof ecological resources under equilibrium. In addition, we analyze the regulationpolicies that can be effectively designed to avoid the situation of overexploitationof the natural resources under the development of ecotourism. Depending on howthe firm numbers are determined, two cases will be considered, one with firm num-bers directly controlled by the government, the other endogenously determined (orindirectly determined by other regulation policies). Based on the comparative stat-ics analysis, it is shown that (i) there are two stable equilibria, one characterized by alower level of the natural resource and the other by higher level. And, (ii) the reasonsfor leading to lower ecological stock (or called as overexploitation) aremainly due totoo many operation firms and/or too many potential visitors along with the lack ofquantity restriction. (iii) Thus, to escape from the overexploitation equilibrium, sev-eral polices can be adopted, such as increasing the license fee for operators, impos-ing the ecotourism tax on the tourists, and/or controlling the population of potentialtourists. (iv) Finally, under the case of endogenous firm numbers, the governmentcan affect the equilibriumnumber of firms by imposing a suitable level of license feeto avoid lower equilibrium. |