Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/69263
Title: The economic impact of the tourism moratoria in the Canary Islands 2003-2017
Authors: Inchausti Sintes, Federico 
Voltes Dorta, Augusto 
UNESCO Clasification: 531290 Economía sectorial: turismo
Keywords: General equilibrium analysis
Environmental degradation
Turismo sostenible
Moratoria turística
Canarias
Issue Date: 2019
Journal: Journal of Sustainable Tourism 
Abstract: In the early 2000s, the Parliament of the Canary Islands passed a series of tourism moratoria to restrict the growth in tourism supply. Even though the effects of moratoria have been covered in the literature, there is little quantitative evidence about their economic impact on the destinations, particularly in relation to the goal of increasing the quality of the accommodation supply. In order to fill this gap, this paper employs both regression and computable general equilibrium (CGE) methods to estimate the economic impact of the increased 5-star capacity acquired by the Canary Islands during the three moratoria periods between 2003 and 2017. The regression results show that the successive moratoria had a significant impact on the 5-star hotel supply in the Islands, while the CGE model translates the extra capacity into a positive impact on social welfare, with output increases in the sectors that complement tourism activity.
URI: http://hdl.handle.net/10553/69263
ISSN: 0966-9582
DOI: 10.1080/09669582.2019.1677677
Source: Journal Of Sustainable Tourism[ISSN 0966-9582]
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