IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/331334.html
   My bibliography  Save this paper

The impact of a fall in tourism on the Balearic economy

Author

Listed:
  • Polo, Clemente
  • Valle, Elisabeth

Abstract

According to the Institute of Tourist Studies, the Balearic Islands Autonomous Community (CAIB) -a region with a just over one million inhabitants- received 9,5 million international arrivals out of the 52,1 million registered for the entire Spain in 2003. Although a rather impressive figure, it is 9.2% below the 10,5 million recorded in 1999. A look at the 1997 input-output table, shows the CAIB as a service oriented economy, highly specialized in the production of services for tourists. The main goal of this paper is to evaluate with alternative multisectoral models the impact on the CAIB economy of a 10% permanent fall in tourist demand. First, we estimate the impact of the reduction in nonresidents consumption using a rather standard input-output model. Then, we estimate its effects using an extended general linear model implemented with a Social Accounting Matrix elaborated by the authors. Finally, we use an applied (computable) general equilibrium model using alternative closure rules to those encountered in other regional studies.

Suggested Citation

  • Polo, Clemente & Valle, Elisabeth, 2005. "The impact of a fall in tourism on the Balearic economy," Conference papers 331334, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:331334
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/331334/files/1896.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:econom:v:53:y:1986:i:211:p:339-50 is not listed on IDEAS
    2. Bijit Bora & Aki Kuwahara & Sam Laird, 2002. "Quantification Of Non-Tariff Measures," UNCTAD Blue Series Papers 18, United Nations Conference on Trade and Development.
    3. Kathuria, Sanjay & Bhardwaj, Anjali, 1998. "Export quotas and policy constraints in the Indian textile and garment industries," Policy Research Working Paper Series 2012, The World Bank.
    4. Francois, Joseph & McDonald, Brad & Nordström, Håkan, 1994. "The Uruguay Round: A Global General Equilibrium Assessment," CEPR Discussion Papers 1067, C.E.P.R. Discussion Papers.
    5. Mr. Montfort Mlachila & Yongzheng Yang, 2004. "The End of Textiles Quotas: A Case Study of the Impacton Bangladesh," IMF Working Papers 2004/108, International Monetary Fund.
    6. Nguyen, Trien & Perroni, Carlo & Wigle, Randall, 1993. "An Evaluation of the Draft Final Act of the Uruguay Round," Economic Journal, Royal Economic Society, vol. 103(421), pages 1540-1549, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Peter G. Warr & Helal Ahammad, 1997. "Food aid, food policy and the Uruguay round: implications for Bangladesh," Agricultural Economics, International Association of Agricultural Economists, vol. 15(3), pages 169-185, January.
    2. Seyoum, Belay, 2007. "Trade liberalization and patterns of strategic adjustment in the US textiles and clothing industry," International Business Review, Elsevier, vol. 16(1), pages 109-135, February.
    3. Peter Walkenhorst, 2004. "Liberalising Trade in Textiles and Clothing: A Survey of Quantitative Studies," International Trade 0401007, University Library of Munich, Germany.
    4. Safadi, Raed & Laird, Sam, 1996. "The Uruguay Round agreements: Impact on developing countries," World Development, Elsevier, vol. 24(7), pages 1223-1242, July.
    5. repec:dau:papers:123456789/4443 is not listed on IDEAS
    6. Jean-Raphael Chaponniere & Jean-Pierre Cling & Mohamed Ali Marouani, 2004. "Les conséquences pour les pays en développement de la suppression des quotas dans le textile habillement : le cas de la Tunisie," Working Papers DT/2004/16, DIAL (Développement, Institutions et Mondialisation), revised Dec 2004.
    7. Spinanger, Dean, 1997. "The WTO after the Singapore ministerial: Much to do about what?," Kiel Discussion Papers 304, Kiel Institute for the World Economy (IfW Kiel).
    8. Cherkashin, Ivan & Demidova, Svetlana & Kee, Hiau Looi & Krishna, Kala, 2015. "Firm heterogeneity and costly trade: A new estimation strategy and policy experiments," Journal of International Economics, Elsevier, vol. 96(1), pages 18-36.
    9. Maria Cipollina & Luca Salvatici, 2008. "Measuring Protection: Mission Impossible?," Journal of Economic Surveys, Wiley Blackwell, vol. 22(3), pages 577-616, July.
    10. Robert W. McGee & Yeomin Yoon, 1998. "Korea and the World Trade Organization: Problems and Prospects," International Trade 9805006, University Library of Munich, Germany.
    11. Murat Genç & David Law, 2014. "A Gravity Model of Barriers to Trade in New Zealand," Treasury Working Paper Series 14/05, New Zealand Treasury.
    12. Walmsley, Terrie L. & Hertel, Thomas W. & Ianchovichina, Elena, 2001. "Assessing the Impact of China’s WTO Accession on Foreign Ownership," Conference papers 330941, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Mustafizur Rahman & Asif Anwar, 2006. "Bangladesh Apparels Export to the US Market - An Examination of Her Competitiveness vis-à-vis China," Trade Working Papers 22295, East Asian Bureau of Economic Research.
    14. Gordhan K. Saini, 2009. "Non-tariff measures and Indian textiles and clothing exports," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2009-002, Indira Gandhi Institute of Development Research, Mumbai, India.
    15. Francois, Joseph & Bradley McDonald, 1996. "Liberalization and Capital Accumulation in the GTAP Model," GTAP Technical Papers 310, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    16. Jan G. Jorgensen & Philipp J. H. Schröder, 2002. "Effects of Tariffication: Tariffs, Quotas and VERs under Monopolistic Competition," Discussion Papers of DIW Berlin 269, DIW Berlin, German Institute for Economic Research.
    17. Xiaodan Hu & Yunhua Tian & Yanping Zhou & Lu Feng, 2021. "How Do China's Importing Firms Respond to Non‐tariff Measures?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(4), pages 89-112, July.
    18. Anderson, Kym, 1995. "Impacts of New Multilateral and Regional Integration Agreements on Agricultural Competitiveness of Advanced Economies," 1994 Conference, August 22-29, 1994, Harare, Zimbabwe 183378, International Association of Agricultural Economists.
    19. Haaparanta, Pertti, 1998. "Regional concentration, trade, and welfare," Regional Science and Urban Economics, Elsevier, vol. 28(4), pages 445-463, July.
    20. Sangeeta Khorana & Nicholas Perdikis & May T. Yeung & William A. Kerr, 2010. "Bilateral Trade Agreements in the Era of Globalization," Books, Edward Elgar Publishing, number 13719.
    21. Aaditya Mattoo & Devesh Roy & Arvind Subramanian, 2003. "The Africa Growth and Opportunity Act and its Rules of Origin: Generosity Undermined?," The World Economy, Wiley Blackwell, vol. 26(6), pages 829-851, June.

    Corrections

    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:ags:pugtwp:331334. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.