SPILLOVER EFFECTS OF TOURISM POLICYCHANGES ON HOSPITALITY INDUSTRIES

Chun-Ming Chien, Cheng-Yih Hong and Jian-Fa Li

Global Journal of Business Research, 2014, vol. 8, issue 2, 111-124

Abstract: This study aimed at using the industry-related spillover model to examine the spillover effects of the change in tourism policy and employed the induced employment model and the gross-induced added value model to measure the employment income, gross added value, and employment creation. Our results showed evidence that the consumption of Chinese tourists visiting Taiwan has brought a substantial impact on the hospitality and restaurant industries. In addition, the economy of scale created in the restaurant industry was smaller than that in the hospitality industry, since Chinese tourists allocated less expenditure for food. However, the spillover effects in the restaurant industry were larger than that in the hospitality industry.

Keywords: Change in Tourism Policy; Employment; Added Value; Spillover Effect (search for similar items in EconPapers)
JEL-codes: C67 D57 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ibf:gjbres:v:8:y:2014:i:2:p:111-124

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