Lozano Ibáñez, Javier; Rey-Maquieira, Javier; Gomez, … - 2014
. However, in this context and when all the costs of tourism development are externalities the only limit to tourism …In a two sectors dynamic model we analyze the process of tourism development based on the accumulation of capital … (building of tourism facilities) and the reallocation of land from traditional activities to the tourism sector. The model …