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Petróleo: peligro mortal. Unas islas alquitranadas
[Oil: Fatal danger. The Balearic Islands tarred]

Author

Listed:
  • Cirer Costa, Joan Carles

Abstract

The goal of this report is to predict what might be the negative effects on the Balearic tourist economy caused by mining oil fields off its coasts. To that end, it evaluates the destructive potential of different types of pedictable spills using data from well-documented spills. The second part of the project considers the effects of different spills that have occurred in tourist areas, especially in the Gulf of Mexico, giving special relevance to phenomena such as a fall in demand caused by a spill that can seriously endanger tourist companies. Afterwards, the report describes the main characteristics of the Balearic tourist economy, highlighting their focus on the "beach and sun" model, and the adoption of an "industrial district" company structure. Finally, the paper synthesizes the description of the potential spills with a description of the structure of the Balearic economy to conclude that a simple mining of oil fields will impose important damages on Balearic tourism and that a large spill can destroy the current complex economic structure, turning it into one that is much simpler in a process that will make the Balearic Archipelago severely poorer.

Suggested Citation

  • Cirer Costa, Joan Carles, 2014. "Petróleo: peligro mortal. Unas islas alquitranadas
    [Oil: Fatal danger. The Balearic Islands tarred]
    ," MPRA Paper 58243, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:58243
    as

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    File URL: https://mpra.ub.uni-muenchen.de/58243/1/MPRA_paper_58243.pdf
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    References listed on IDEAS

    as
    1. Cirer-Costa, Joan Carles, 2013. "The role of geography in the success of the balearic tourism industry," MPRA Paper 47701, University Library of Munich, Germany.
    2. Burgherr, Peter & Hirschberg, Stefan, 2008. "Severe accident risks in fossil energy chains: A comparative analysis," Energy, Elsevier, vol. 33(4), pages 538-553.
    3. Joan Carles Cirer-Costa, 2014. "Majorca's tourism cluster: The creation of an industrial district, 1919-36," Business History, Taylor & Francis Journals, vol. 56(8), pages 1243-1261, November.
    4. repec:eee:touman:v:38:y:2013:i:c:p:131-141 is not listed on IDEAS
    5. Cirer-Costa, Joan Carles, 2012. "Bases del proceso de internacionalización de las cadenas hoteleras de las Islas Baleares
      [Bases of the globalisation of the hotel chains of the Balearic Islands]
      ," MPRA Paper 37210, University Library of Munich, Germany.
    6. Andrés M. Cisneros‐Montemayor & F. Gordon Kirkwood & Sarah Harper & Dirk Zeller & U. Rashid Sumaila, 2013. "Economic use value of the Belize marine ecosystem: Potential risks and benefits from offshore oil exploration," Natural Resources Forum, Blackwell Publishing, vol. 0(4), pages 221-230, November.
    7. Maria Loureiro & John Loomis & Maria Vázquez, 2009. "Economic Valuation of Environmental Damages due to the Prestige Oil Spill in Spain," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(4), pages 537-553, December.
    8. Giacomo Becattini, 2004. "Industrial Districts," Books, Edward Elgar Publishing, number 3037, February.
    9. Alessia Sammarra & Lucio Biggiero, 2001. "Identity and Identification in Industrial Districts," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 5(1), pages 61-82, March.
    10. Casson, Mark & Lee, John S., 2011. "The Origin and Development of Markets: A Business History Perspective," Business History Review, Cambridge University Press, vol. 85(01), pages 9-37, March.
    11. Mark Lazerson & Gianni Lorenzoni, 1999. "Resisting Organizational Inertia: The Evolution of Industrial Districts," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 3(4), pages 361-377, December.
    12. Loureiro, Maria L. & Ribas, Alfonso & Lopez, Edelmiro & Ojea, Elena, 2006. "Estimated costs and admissible claims linked to the Prestige oil spill," Ecological Economics, Elsevier, vol. 59(1), pages 48-63, August.
    13. repec:eee:touman:v:35:y:2013:i:c:p:209-221 is not listed on IDEAS
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    More about this item

    Keywords

    Balearic Islands; oil spill; tourism;

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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