The TALC Hypothesis and Economic Growth Theory

Javier Lozano, Carlos M. Gómez and Javier Rey-Maquieira
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Javier Lozano: University of the Balearic Islands, IMEDEA-UIB of CSIC, Ed Jovellanos/UIB/Ctra Valldemossa km 7.5, 07122 Palma, Baleares, Spain
Carlos M. Gómez: University of Alcalá de Henares, Pza de la Victoria 3, Alcalá de Henares, 28802 Madrid, Spain
Javier Rey-Maquieira: University of the Balearic Islands, IMEDEA-UIB of CSIC, Palma, Baleares, Spain

Tourism Economics, 2008, vol. 14, issue 4, 727-749

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.

Keywords: tourism area life cycle; economic growth; tourism and environment; tourism quality; carrying capacity; dynamic model (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:14:y:2008:i:4:p:727-749

DOI: 10.5367/000000008786440166

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