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Tourism Interactions and Redistribution Effects in the Balearic Islands: A SAM Analysis

Author

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  • Clemente Polo

    (Department of Economics and Economic History, Universitat Autònoma de Barcelona, 08193 Bellaterra, Barcelona, Spain)

  • Elisabeth Valle

    (Department of Applied Economics, Universidad de las Islas Baleares, Crtra de Valldemossa, km 7,5, 07122 Palma de Mallorca, Baleares, Spain)

Abstract

This paper presents new estimates of the weight of tourism in the Balearic Islands (BI) and examine the interactions among tourism-oriented sectors and non-tourism sectors. It also estimates the redistributive effects caused by tourism sectors. The results are obtained for three alternative linear models whose numerical specification relies on a new social accounting matrix (SAM) of the BI constructed by the authors for 2004. This SAM is more ambitious than previous matrices. It is a 62 square matrix built on the information provided by the latest input-output table available, the regional accounts and other statistical information of the BI government and the Continuous Consumers' Expenditure Survey. It includes 35 production activities and 5 representative households. The results of the models confirm the key role of tourism in the BI economy. They also indicate that the more encompassing models provide a fairer picture of the effects of tourism.

Suggested Citation

  • Clemente Polo & Elisabeth Valle, 2016. "Tourism Interactions and Redistribution Effects in the Balearic Islands: A SAM Analysis," Tourism Economics, , vol. 22(2), pages 353-374, April.
    • Handle: RePEc:sae:toueco:v:22:y:2016:i:2:p:353-374
    DOI: 10.5367/te.2014.0427
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    References listed on IDEAS

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    Cited by:

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