Measuring the Impact of Tourism on Economic Growth

Stanislav Ivanov and Craig Webster
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Craig Webster: Intercollege, 46 Makedonitissas Ave, 1700 Nicosia, Cyprus

Tourism Economics, 2007, vol. 13, issue 3, 379-388

Abstract: This paper presents a methodology for measuring the contribution of tourism to an economy's growth, which is tested with data for Cyprus, Greece and Spain. The authors use the growth of real GDP per capita as a measure of economic growth and disaggregate it into economic growth generated by tourism and economic growth generated by other industries. The methodology is compared with other existing methodologies; namely, Tourism Satellite Account, Computable General Equilibrium models and econometric modelling of economic growth.

Keywords: tourism economics; tourism statistics; economic impact of tourism; tourism contribution to economic growth (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (31)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:13:y:2007:i:3:p:379-388

DOI: 10.5367/000000007781497773

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