How Important to a City Are Tourists and Daytrippers? The Economic Impact of Tourism on The City of Barcelona

Joaquim Murillo (), Esther Vayá (), Javier Romaní () and Jordi Suriñach
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Joaquim Murillo: Faculty of Economics, University of Barcelona
Esther Vayá: Faculty of Economics, University of Barcelona
Javier Romaní: Faculty of Economics, University of Barcelona

No 201106, IREA Working Papers from University of Barcelona, Research Institute of Applied Economics

Abstract: In this paper, we devise a methodology that is able to objectively quantify the impact of tourism on the urban economy. This methodology takes various dimensions into account. First, to analyse the impact at sectoral level, it should bear in mind that tourism is a "cross-sectional" activity which affects many sectors, both directly and indirectly. Therefore, it is important to consider the impact of urban tourism on sectors traditionally defined as "tourism-related" (that is, hotels, restaurants, shops, etc.) but also its impact on other sectors (for instance, textiles, food, construction, to name only a few) due to the intersectoral relationships that emerge. Second, we need to calculate the percentage of the turnover of each sector that is due to the tourism industry. Third, it is important to establish the geographic distribution of this impact: how is the effect shared between the city and its neighbouring areas? Finally, the effect of urban tourism should be quantified not only in terms of turnover, but also in terms of its contribution to GDP and employment.

Keywords: Sports; Gambling; Recreation; Tourism; Input–Output Tables and Analysis; Allocative Efficiency; Cost–Benefit Analysis algorithms. JEL classification: (search for similar items in EconPapers)
Pages: 33 pages
Date: 2011-06, Revised 2011-06
New Economics Papers: this item is included in nep-spo, nep-tur and nep-ure
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Journal Article: How Important to a City are Tourists and Day-Trippers? The Economic Impact of Tourism on the City of Barcelona (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ira:wpaper:201106

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