The Impact of Daikyo as a Foreign Investor on the Cairns — Far North Queensland Regional Economy

R J Stimson, O H Jenkins, B H Roberts and M T Daly
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M T Daly: Daly Research Systems Pty Ltd, 13 Elvina Avenue, Newport, 2106, New South Wales, Australia

Environment and Planning A, 1998, vol. 30, issue 1, 161-179

Abstract: Foreign investment has played a major role in the development of tourism in the Cairns-Far North Queensland region of Australia, one of the nation's most internationalised regional economies. As the owner of a significant number of hotels and tourism operations, the Daikyo Corporation from Japan is the major foreign player, contributing substantially to employment and regional production. In this paper we use input-output analysis to estimate the contribution of Daikyo to the regional economy, which is shown to be positive and considerably greater in its export-to-import ratio effects, than is the case for the total industry sectors.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:30:y:1998:i:1:p:161-179

DOI: 10.1068/a300161

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