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Foreign investors versus local businesses: an urban economics model for tourist cities

2010; Wiley; Volume: 13; Issue: 1 Linguagem: Inglês

10.1002/jtr.795

ISSN

1522-1970

Autores

Li Sheng,

Tópico(s)

Regional Economics and Spatial Analysis

Resumo

International Journal of Tourism ResearchVolume 13, Issue 1 p. 32-40 Research Article Foreign investors versus local businesses: an urban economics model for tourist cities Li Sheng, Corresponding Author Li Sheng edmundsheng@ipm.edu.mo Gaming Teaching and Research Centre, Macao Polytechnic Institute, Taipa, MacaoGaming Teaching and Research Centre, Macao Polytechnic Institute, Taipa 00853, MacaoSearch for more papers by this author Li Sheng, Corresponding Author Li Sheng edmundsheng@ipm.edu.mo Gaming Teaching and Research Centre, Macao Polytechnic Institute, Taipa, MacaoGaming Teaching and Research Centre, Macao Polytechnic Institute, Taipa 00853, MacaoSearch for more papers by this author First published: 04 January 2011 https://doi.org/10.1002/jtr.795Citations: 2Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Abstract Most economics and urban literature focuses on the economic aspects of foreign investors' impact on cities and defends their positive role in urban development. This paper takes a different approach by developing an urban economics model for tourist cities that illustrates how, when there is local underinvestment and a large influx of foreign labour, transnational enterprises may make their profits at the expense of local businesses. Therefore, it is the government's responsibility to regulate foreign investment in a way that is conducive to sustainable development. Macao is adopted as a case study. Copyright © 2010 John Wiley & Sons, Ltd. Citing Literature Volume13, Issue1January/February 2011Pages 32-40 RelatedInformation

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