We use an Applied General Equilibrium Model of the Balearic Islands to explore the impact of incr... more We use an Applied General Equilibrium Model of the Balearic Islands to explore the impact of increasing the technical e!ciency of water use in the tourism sector. We show that water e!ciency measures do not reduce eco-nomic pressures on water ecosystems. Consequently water ...
A dynamic general equilibrium model of a small open economy specialized in producing tourism serv... more A dynamic general equilibrium model of a small open economy specialized in producing tourism services is presented. The tourism package is a bundle of attributes provided by firms, the government and the natural environment. Investment in accommodation increases the number of visitors but also congests public goods and reduces environmental quality. The model is used to determine the conditions for the existence of a long-term double dividend. These conditions depend on both the initial level of environmental quality and the responsiveness of the tourism price to marginal changes in environmental and accommodation quality and congestion of public goods.
We use an Applied General Equilibrium Model of the Balearic Islands to explore the impact of incr... more We use an Applied General Equilibrium Model of the Balearic Islands to explore the impact of increasing the technical e!ciency of water use in the tourism sector. We show that water e!ciency measures do not reduce eco-nomic pressures on water ecosystems. Consequently water ...
A dynamic general equilibrium model of a small open economy specialized in producing tourism serv... more A dynamic general equilibrium model of a small open economy specialized in producing tourism services is presented. The tourism package is a bundle of attributes provided by firms, the government and the natural environment. Investment in accommodation increases the number of visitors but also congests public goods and reduces environmental quality. The model is used to determine the conditions for the existence of a long-term double dividend. These conditions depend on both the initial level of environmental quality and the responsiveness of the tourism price to marginal changes in environmental and accommodation quality and congestion of public goods.
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