The Economics of Taxation in Casino Tourism with Cross-border Market Power | |
Xinhua Gu![]() ![]() ![]() | |
2016-02-01 | |
Source Publication | Review of Development Economics
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ABS Journal Level | 2 |
ISSN | 1363-6669 |
Volume | 20Issue:1Pages:113-125 |
Abstract | This paper provides a theoretical proof that casino taxation may have great potential as a contributor to tourism efficiency under sufficient market power. We also examine empirical evidence for the economic efficiency of casino tourism in Macao even with a "high" tax owing to geographic market power. Both theory and evidence point to such power as a key factor that affects the ability of a tourism resort to pass along local taxes to gambling visitors. This ability makes all the difference between the good or bad effect of casino taxes on tourism development. The policy implication is that a gaming tax should be lowered to support casino businesses if it is inefficient, but can be raised to extract public revenues if it is efficient. |
DOI | https://doi.org/10.1111/rode.12217 |
URL | View the original |
Indexed By | SSCI |
Language | 英语 |
WOS Research Area | Development Studies ; Business & Economics |
WOS Subject | Development Studies ; Economics |
WOS ID | WOS:000370059200010 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
Corresponding Author | Pui Sun Tam |
Affiliation | Faculty of Business Administration, University of Macau, E22, Avenida da Universidade, Taipa, Macao |
First Author Affilication | Faculty of Business Administration |
Corresponding Author Affilication | Faculty of Business Administration |
Recommended Citation GB/T 7714 | Xinhua Gu,Pui Sun Tam,Chun Kwok Lei,et al. The Economics of Taxation in Casino Tourism with Cross-border Market Power[J]. Review of Development Economics,2016,20(1):113-125. |
APA | Xinhua Gu,Pui Sun Tam,Chun Kwok Lei,&Xiao Chang.(2016).The Economics of Taxation in Casino Tourism with Cross-border Market Power.Review of Development Economics,20(1),113-125. |
MLA | Xinhua Gu,et al."The Economics of Taxation in Casino Tourism with Cross-border Market Power".Review of Development Economics 20.1(2016):113-125. |
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