Economic Impact Assessment: A Review of Literature on the Tourism Industry

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Antonio Kido-Cruz
Antonio Kido-Cruz
2
Teresa Kido-Cruz
Teresa Kido-Cruz
3
James Killough
James Killough
1 Universidad Michoacana De San Nicolas Hidalgo

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GJMBR Volume 15 Issue B11

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By having a model of economic impact, it is possible to create scenarios to analyze in which sectors of the economy a demand/supply shock will result in the most benefit/loss for countries interested in promoting their tourism sector. Particularly useful in this task is the analysis of multipliers for gross domestic product, added value and employment. In developing countries, tourism plays an important role, and one would therefore expect to find corresponding studies on economic impact published in journals of high academic quality. However, upon observation of important tourism journals, it is witnessed that this is not the case for Latin America.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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Antonio Kido-Cruz. 2016. \u201cEconomic Impact Assessment: A Review of Literature on the Tourism Industry\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 15 (GJMBR Volume 15 Issue B11): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: L83
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v1.2

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January 4, 2016

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By having a model of economic impact, it is possible to create scenarios to analyze in which sectors of the economy a demand/supply shock will result in the most benefit/loss for countries interested in promoting their tourism sector. Particularly useful in this task is the analysis of multipliers for gross domestic product, added value and employment. In developing countries, tourism plays an important role, and one would therefore expect to find corresponding studies on economic impact published in journals of high academic quality. However, upon observation of important tourism journals, it is witnessed that this is not the case for Latin America.

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Economic Impact Assessment: A Review of Literature on the Tourism Industry

Antonio Kido-Cruz
Antonio Kido-Cruz Universidad Michoacana De San Nicolas Hidalgo
Teresa Kido-Cruz
Teresa Kido-Cruz
James Killough
James Killough

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