Resumen de The TALC hypothesis and economic growth theory
Javier Lozano Ibáñez, Carlos Mario Gómez Gómez, Javier Rey-Maquieira Palmer
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.
