This Article Full Text (PDF) References Alert me when this article is cited Alert me if a correction is posted Services Email this article to a friend Similar articles in this journal Similar articles in Web of Science Alert me to new issues of the journal Add to Saved Citations Download to citation manager Request Permissions Request Reprints Add to My Marked Citations Citing Articles Citing Articles via Google Scholar Citing Articles via Scopus Google Scholar Articles by Polo, C. Articles by Valle, E. Search for Related Content Social Bookmarking                         What's this?

A General Equilibrium Assessment of the Impact of a Fall in Tourism Under Alternative Closure Rules: the Case of the Balearic Islands

Universidad Autœnoma de Barcelona, Spain, clemente.polo{at}uab.es

Elisabeth Valle

University of the Balearic Islands, Palma de Mallorca, Spain, elisabeth.valle{at}uib.es

A look at the 1997 input-output table shows the Balearic Islands as a service-oriented economy, highly specialized in the production of services for tourists. The main goal of this article is to evaluate with alternative multisectoral models the impact on the Balearic Islands economy of a 10 percent permanent fall in tourism demand. First, we estimate the impact of the reduction in nonresident consumption using a rather standard input-output model. Then, we estimate its effects using an extended general linear model implemented with a social accounting matrix elaborated by the authors. Finally, we use an applied (computable) general equilibrium model using alternative closure rules to those encountered in other regional studies.

Key Words: tourism impact • input-output table • social accounting matrix • applied general equilibrium • closure rules

International Regional Science Review, Vol. 31, No. 1, 3-34 (2008)
DOI: 10.1177/0160017607309448


CiteULike    Complore    Connotea    Del.icio.us    Digg    Reddit    Technorati    Twitter    What's this?