Abstract
This paper estimates the economy-wide economic impacts of tourism for various market segments. Moving beyond volume (arrivals) versus value (direct tourism expenditure), the author examines various economy-wide measures of economic impact. Different visitor spending has different flow-on effects, depending on each sector's taxation rate, import quotient and capital-labour ratio. It is important for destination marketing organizations and tourism policy makers to factor in these characteristics when considering the full economic impact of tourism expenditure.
| Original language | English |
|---|---|
| Pages (from-to) | 373-391 |
| Number of pages | 19 |
| Journal | Tourism Economics |
| Volume | 18 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 1 Apr 2012 |
| Externally published | Yes |
Keywords
- CGE modelling
- Destination marketing
- Hawaii
- Market segmentation
- Tourism yield
- Visitor expenditure
ASJC Scopus subject areas
- Geography, Planning and Development
- Tourism, Leisure and Hospitality Management