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TOURISM SATELLITE ACCOUNTS AND THEIR APPLICATIONS IN CGE MODELLING

Tien Duc Pham and Larry Dwyer
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Tien Duc Pham: The University of Queensland, Australia
Larry Dwyer: University of New South Wales, Australia

Chapter 22 in Handbook of Tourism Economics:Analysis, New Applications and Case Studies, 2013, pp 493-521 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractTwo important tools employed increasingly by tourism economists to enhance our knowledge of the economic significance of tourism are Tourism Satellite Accounts (TSAs) and Computable General Equilibrium (CGE) models. But the relationship between the two is often not fully understood by tourism stakeholders. The chapter first outlines the nature and importance of TSAs as a measure of the economic contribution of tourism to an economy. TSAs based estimates of the direct contribution of tourism in Australia are provided to illustrate the use of this tool. The chapter then discusses the importance of developing TSAs at the regional level and the approaches that can be employed (bottom up, top down, mixed), as well as the limitations of TSAs as a policy instrument. It then discusses CGE modelling as a tool of economic impact analysis providing CGE based estimates of the economic impacts of increased inbound tourism to Queensland to illustrate the use of this technique. The analysis is expected to enhance stakeholder's understanding of the separate roles that TSAs and CGE modelling can play in determining the economic significance of tourism to an economy.

Keywords: Accommodation and Tourism; China; Congestion and Tourism; Cost-Benefit Analysis of Tourism; Cruise Ship Tourism; Cultural and Heritage-Based Tourism; Demand for Touring; Economic Development and Tourism; Economic Impact Analysis of Tourism; Ecotourism; Educational Tourism; Environmental Conservation and Tourism; Ergodic Events and Tourism; Gambling and Tourism; Health and Tourism; India; Information Technology and Tourism; Infrastructure and Tourism; Inter-Industry Analysis of Tourism; International Tourism; Medical Tourism; National Parks and Tourism; Nature-Based Tourism; Pollution and Tourism; Protected Areas and Tourism; Public Finance and Tourism; Religious Tourism; Special Events and Tourism; Sustainable Tourism; Terrorism and Tourism; The Environment and Tourism; Theme Parks; Tourism; Tourism Economics; Tourism Industry; Tourism Satellite Accounts; Transport and Tourism; Travel; Travel Insurance; Vietnam (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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