The Economic Contribution of Tourism Sector
4TH WORLD CONFERENCE FOR GRADUATE RESEARCH IN TOURISM, HOSPITALITY AND LEISURE, ANTALYA, TURKEY 23-27, pp. 254-264, April 2008
13 Pages Posted: 28 Feb 2008 Last revised: 6 Mar 2018
Date Written: February 8, 2007
This paper explores a recent method for measuring the tourism contribution to an economy's performance and compares it with others methodologies. The method uses the rate of growth of real per capita GDP and disaggregates it into a growth component that can be imputed to tourism and growth generated by other industries. It is applied to two groups of countries, one including economies with established destinations like Spain, France, Italy, UK and USA, and a group of Latin American with emerging tourism destinations. The comparison between those groups shows that the tourism contribution to GDP is higher for the first group but it is not associated necessarily with a greater contribution to the economy's growth. Keywords: tourism economic impacts; growth performance.
Keywords: tourism impacts, growth performance, rate of growth
JEL Classification: L83, Q21, Q26
Suggested Citation: Suggested Citation