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Full Description
Film-induced tourism, while a relatively recent phenomenon, is increasingly being recognized by a growing number of countries as a viable source of economic revenue and a strategic tool for promoting tourism. Concurrently, there is a notable rise in the number of countries offering tax incentives to attract international film co-productions to their territories.This volume provides a comprehensive analysis of the positive and negative impacts associated with the growing influx of film production in regions of significant environmental and cultural importance. It further examines the externalities generated by various film shoots through the lens of Ronald Coase's theoretical framework, yielding critical insights into the functioning and efficacy of current licensing regimes. In addition, the book presents a quantitative evaluation of the economic benefits associated with the expansion of film tourism.