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Estimating Tourism Impacts Using Input–Output and SAM Models in the Balearic Islands

  • Clemente Polo
  • Elisabeth Valle
Chapter

Introduction

The main goal of the paper is to provide an assessment of the importance of tourism in the Balearic Islands (BI) and to estimate the impact on its economy of a fall in tourism flows in line with that observed in the last decade.1 The BI, a rather backward region that received just a handful of curious travellers in 1950, has become a major tourism resort during the second half of the twentieth century and there seems to be little doubt that tourism has been the engine of growth that has turned the Balearic economy into one of the most prosperous Spanish regions. Recent data trends, however, seem to indicate that the sustained growth of tourism flows into the BI has come to a halt, while their economy has recorded the worst growth performance of all 17 autonomous Spanish regions since 2000.

Input–output (IO) analysis has been the traditional tool used to asses the weight of tourism in the economy and to quantify tourism impacts. (Fletcher 1994, Archer 1995, Archer and...

Keywords

Final Demand Balearic Island Tourism Sector Standard Input Tourism Demand 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Physica-Verlag Heidelberg 2009

Authors and Affiliations

  1. 1.Department of Economics and Economic HistoryUniversidad Autónoma de BarcelonaBarcelonaSpain
  2. 2.Applied Economics DepartmentUniversity of the Balearic IslandsBalearic IslandsSpain

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