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

Antonio Kido-Cruz
Antonio Kido-Cruz
Teresa Kido-Cruz
Teresa Kido-Cruz
James Killough
James Killough
Universidad Michoacana de San Nicolás de Hidalgo Universidad Michoacana de San Nicolás de Hidalgo

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

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Abstract

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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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

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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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification JEL Code: L83
Version of record

v1.2

Issue date
January 4, 2016

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

Antonio Kido-Cruz
Antonio Kido-Cruz <p>Universidad Michoacana de San Nicolás de Hidalgo</p>
Teresa Kido-Cruz
Teresa Kido-Cruz
James Killough
James Killough

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