Impact of Tourism Consumption on GDP. The Role of Imports

Raúl Hernández Martín
Additional contact information
Raúl Hernández Martín: Department of Applied Economics, University of La Laguna

No 2004.27, Working Papers from Fondazione Eni Enrico Mattei

Abstract: The aim of this paper is to analyse the effects of tourism consumption on imports. The basic idea is that conversion of tourism expenditure into value added and GP depends on the effect of the former on imports. Imports are leakages that reduce the economic impact of tourism in a destination and this seams to be especially important in the case of small islands. After finding some stylised facts about the evolution of tourism consumption and imports in the Canary Islands, the paper presents two different methodologies, Keynesian multipliers and input-output analysis. The Canary Islands are used as a case study for estimating the impact of consumption made by tourists on imports.

Keywords: Economic impact; Imports; Keynesian multiplier; Input-output model; Canary Islands (search for similar items in EconPapers)
JEL-codes: F10 L83 R15 (search for similar items in EconPapers)
Date: 2004-02
New Economics Papers: this item is included in nep-env and nep-geo
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://feem-media.s3.eu-central-1.amazonaws.com/w ... oads/NDL2004-027.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2004.27

Access Statistics for this paper

More papers in Working Papers from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by Alberto Prina Cerai ( this e-mail address is bad, please contact ).