The Minorcan Way of Growth: The End of an Economic Model (1960-2010)
DOI:
https://doi.org/10.1344/rhi.v24i59.21285Keywords:
Globalization, Industrial Organization, Tourism, General Equilibrium, and Welfare Economic Analysis of Regional EconomiesAbstract
In 1977 the authors Farré, Marimon and Surís presented a rigorous study of the peculiar path of economic development in Minorca in their work La vía menorquina del crecimiento. This model compared the divergence of Minorca with the economies of the other Balearic islands and mainland Spain, and analysed the significant intersectoral balance on the island,which was characterised by the presence of a strong secondary, eminent primary, and a prominent emerging and thriving tourism industry. This paper examines the evolution of the Minorcan economy before and after the theory of intersectoral balance, observes and dates its dilution to the late 1970s and early 1980s, with ample statistical data, and determines the causes and consequences.
Downloads
Downloads
Published
How to Cite
Issue
Section
License
The author assigns all rights to the publisher. Creative Commons
The author who publishes in this journal agrees to the following terms:
- The author assigns all intellectual property rights exclusively to the publisher for the entire duration of the applicable intellectual property rights.
- The publisher will distribute the texts under the Creative Commons Attribution License, which allows others to share the work, provided that they acknowledge the authorship, its initial publication in this journal, and the conditions of the license.