The TALC hypothesis and economic growth theory

Lozano, J. and Gómez, C.M. and Rey-Maquieira, J. (2008) The TALC hypothesis and economic growth theory. Tourism Economics, 14 (4). pp. 727-749. ISSN 13548166

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Official URL: http://dx.doi.org/10.5367/000000008786440166

Abstract

The authors build a bridge between traditional analysis of the evolution of tourism destinations and economic growth theory. With this aim, they develop an environmental growth model for an economy specializing in tourism and derive the pattern of tourism development with numerical calculations. The results do not contradict the pattern of evolution implied in the tourism area life cycle hypothesis, with environmental deterioration and public goods congestion being the main reasons for the stagnation of the tourism destination. The authors also show the importance of the quality of private tourism services in the evolution of a tourism destination.

Item Type: Article
Uncontrolled Keywords: tourism area life cycle; economic growth; tourism and environment; tourism quality; carrying capacity; dynamic model
Subjects: H Social Sciences > HZ Economic and Institutional Analysis
Depositing User: José Ángel Gómez Martín
Date Deposited: 04 Jun 2013 15:03
Last Modified: 04 Jun 2013 15:03
URI: http://eprints.imdea-agua.org:13000/id/eprint/248

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