Citation
Abstract
The economic impacts of tourism have received substantial attention and have been documented by many researchers due to its ability to generate economic benefits to local economy. To date, there is no standard model to estimate economic impact study and most of the studies modify the original model to meet the interest of researchers. This paper aims to discuss the applicability, strength and limitations of four techniques frequently employed in estimating economic impacts of tourism 1) Input-output model, 2) Social Accounting Matrix, 3) Computable General Equilibrium, and 4) Tourism Satellite Account. Next, the rationale of choosing the suitable model to be used in estimating the economic impacts of tourism will be discussed. This paper concluded that IO models are suitable to estimate the economic impacts of tourism in a local economy.
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Additional Metadata
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Divisions: | Faculty of Forestry Institute of Agricultural and Food Policy Studies Institute of Tropical Forestry and Forest Products |
| Keywords: | Economic impacts; Input output model; Social accounting matrix; Computable general equilibrium; Tourism satellite account |
| Depositing User: | Nurul Ainie Mokhtar |
| Date Deposited: | 14 Sep 2016 05:02 |
| Last Modified: | 14 Sep 2016 05:02 |
| URI: | http://psasir.upm.edu.my/id/eprint/34221 |
| Statistic Details: | View Download Statistic |
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