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An Analysis of the Evolution of Tourism Destinations from the Point of View of the Economic Growth Theory

37 Pages Posted: 16 Dec 2005  

Javier Lozano Ibáñez

University of the Balearic Islands

Carlos Gomez

Universidad de Alcalá

Javier Rey-Maquieira

University of the Balearic Islands

Date Written: November 2005

Abstract

In this paper we try to build a bridge between the traditional analysis of the evolution of tourism destinations and economic growth theory. With such an aim we develop an environmental growth model for an economy specialized in tourism and we derive the pattern of tourism development with numerical calculations. The results of our simulations do not contradict the general pattern of evolution implied in the Tourism Area Life Cycle Hypothesis, being environmental deterioration and public goods congestion the main reasons for the stagnation of the tourism destination. We also show the importance of the quality of private tourism services in the evolution of the tourism destination.

Keywords: Tourism, Economic growth, Tourism lifcycle

JEL Classification: L83, Q26, O41

Suggested Citation

Lozano Ibáñez, Javier and Gomez, Carlos and Rey-Maquieira, Javier, An Analysis of the Evolution of Tourism Destinations from the Point of View of the Economic Growth Theory (November 2005). FEEM Working Paper No. 146.05. Available at SSRN: https://ssrn.com/abstract=861885 or http://dx.doi.org/10.2139/ssrn.861885

Javier Lozano Ibáñez (Contact Author)

University of the Balearic Islands ( email )

Ctra. de Valldemossa km 7,5
Palma, Baleares
Spain
971172786 (Phone)
971172389 (Fax)

HOME PAGE: http://www.uib.es/

Carlos Gomez

Universidad de Alcalá ( email )

Madrid, Alcala de Henares 28801
Spain
+ 34 91 885 42 84 (Phone)
+ 34 91 885 42 39 (Fax)

HOME PAGE: http://www2.uah.es/econ

Javier Rey-Maquieira

University of the Balearic Islands ( email )

Ctra. de Valldemossa km 7,5
Palma, Baleares
Spain

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