Ecotourism and economic growth in the Galapagos: an island economy-wide analysis

This study revisits and updates a 1999 economy-wide analysis predicting that increases in tourism would result in rapid economic as well as demographic growth on the Galapagos Islands. The following six years witnessed sharp growth in tourism; a restructuring of tourism around larger cruise ships an...

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Veröffentlicht in:Environment and development economics 2009-04, Vol.14 (2), p.139-162
Hauptverfasser: TAYLOR, J. EDWARD, HARDNER, JARED, STEWART, MICKI
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container_title Environment and development economics
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creator TAYLOR, J. EDWARD
HARDNER, JARED
STEWART, MICKI
description This study revisits and updates a 1999 economy-wide analysis predicting that increases in tourism would result in rapid economic as well as demographic growth on the Galapagos Islands. The following six years witnessed sharp growth in tourism; a restructuring of tourism around larger cruise ships and new, larger hotels; and rapid population growth. Our findings indicate that total income (that is, the gross domestic product) of the Galapagos increased by an estimated 78 per cent between 1999 and 2005, making the Galapagos economy among the fastest growing in the world. Tourism continued to be far and away the major driver of economic growth. Nevertheless, population growth via new migration to the islands nearly erased the effect of economic growth on per-capita household income. These findings raise questions about the compatibility of ecotourism and conservation in this unique ecological setting.
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identifier ISSN: 1355-770X
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source PAIS Index; Cambridge Journals; JSTOR Archive Collection A-Z Listing
subjects Conservation
Cruise ships
Demographics
Development economics
Economic analysis
Economic development
Economic growth
Economics
Ecosystems
Ecotourism
Fishers
Foreign tourism
Galapagos Islands
GDP
Gross Domestic Product
Hotels
Immigration
Income
Income distribution
Islands
Laboratories
Migration
Natural resources
Population
Population growth
Socioeconomics
Sport fishing
Studies
THEORY AND APPLICATIONS
Tourism
title Ecotourism and economic growth in the Galapagos: an island economy-wide analysis
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