IDEAS home Printed from
   My bibliography  Save this paper

Specialising in Tourism and Long-term Growth


  • Javier Capó Parrilla


  • Antoni Riera Font


  • Jaume Rosselló Nadal



This work analyses the impact of specialising in tourism on long-term growth in the Balearic and Canary Islands (which both are economies that have been specialising in tourism for half a century), according to Solow’s methodology. The findings show that at first, investment in physical capital and the creation of infrastructures are the main impetuses for growth in production and per capita income. Nevertheless, the findings also show that productivity’s contribution to growth in production is decreasing in the long run, which becomes a curb on the development of per capita income. The behaviour of total factor productivity is not accidental; it is closely linked to specialising in tourism and determines efforts to innovate and the economy’s human capital.

Suggested Citation

  • Javier Capó Parrilla & Antoni Riera Font & Jaume Rosselló Nadal, 2006. "Specialising in Tourism and Long-term Growth," CRE Working Papers (Documents de treball del CRE) 2006/03, Centre de Recerca Econòmica (UIB ·"Sa Nostra"), revised Mar 2006.
  • Handle: RePEc:pdm:wpaper:2006/03

    Download full text from publisher

    File URL:$FILE/dt%202006-3.pdf
    Download Restriction: no

    More about this item


    Specialising in Tourism; Economic Growth;


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pdm:wpaper:2006/03. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Centre de Recerca Econòmica (UIB ·"Sa Nostra")). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.