English Abstract: Schumpeter's concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social and economic cost and therefore biases our estimate of the impact of the innovation on GDP is hardly...

The goal of this report is to predict what might be the negative effects on the Balearic tourist economy caused by mining oil fields off its coasts. To that end, it evaluates the destructive potential of different types of pedictable spills using data from well-documented spills. The second part...