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Pouring oil over the Balearic tourism industry

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  • Cirer-Costa, Joan Carles

Abstract

This study aims to predict the possible negative effects on the Balearic tourism economy of the exploitation of marine oil fields near its coastline. We describe the current business structure of the islands’ tourism industry and then focus on the various kinds of spills that might affect it. Our conclusion is that the exploitation of the oil fields will significantly damage the tourism industry: a series of small-scale accidents followed by a large spill could destroy the complex structure of Balearic tourism, and would have severe repercussions for the economy of the archipelago.

Suggested Citation

  • Cirer-Costa, Joan Carles, 2015. "Pouring oil over the Balearic tourism industry," MPRA Paper 61164, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:61164
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • 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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