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Dutch Disease in Tourism Economies. Evidence from Spain

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Author Info

  • Javier Capó Parrilla

    ()

  • Antoni Riera Font

    ()

  • Jaume Rosselló Nadal

    ()

Abstract

Considerable attention has been given in economic literature to Dutch disease, with symptoms of the disease being extensively described in many different contexts. Nevertheless, none of the studies has focused on the tourist industry as a source of increased wealth through the exploitation of natural resources, such as beaches, natural areas and wild fauna, typical of mass models of tourism development. By examining two different Spanish regions, this paper provides evidence that the Balearics and the Canary Islands, whose economies are heavily oriented toward tourism, both show signs of Dutch disease and that, as a result, their economic growth might be compromised in coming years.

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Bibliographic Info

Paper provided by Centre de Recerca Econòmica (UIB ·"Sa Nostra") in its series CRE Working Papers (Documents de treball del CRE) with number 2005/01.

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Length: 16 pages
Date of creation: Jun 2005
Date of revision: Jan 2005
Publication status: Published in 'Documents de Treball CRE', April 2005, pages 1-16
Handle: RePEc:pdm:wpaper:2005/01

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Web page: http://www.cre.sanostra.es

Related research

Keywords: Dutch disease; economic growth; sustainable tourism;

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Cited by:
  1. Brida, Juan Gabriel & Pereyra, Juan Sebastián & Such, María Jesús & Pulina, Manuela, 2011. "Causalidad entre turismo y crecimiento económico de largo plazo: una revisión crítica de la literatura econométrica
    [Causality between tourism and long-term economic growth: a critical review o
    ," MPRA Paper 37332, University Library of Munich, Germany, revised 2011.
  2. Jaume Garau Taberner & Carles Manera, 2006. "The Recent Evolution and Impact of Tourism in the Mediterranean: The Case of Island Regions, 1990-2002," Working Papers 2006.108, Fondazione Eni Enrico Mattei.
  3. JG. Brida & M. Pulina, 2010. "A literature review on the tourism-led-growth hypothesis," Working Paper CRENoS 201017, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  4. Brida, Juan Gabriel & London, Silvia & Rojas, Mara, 2012. "El turismo como motor de crecimiento económico: impacto de las preferencias intertemporales de los agentes
    [The tourism as economic growth engine: the impact of the agents time preferences]
    ," MPRA Paper 36607, University Library of Munich, Germany.

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