Tourism satellite account and its applications in CGE modelling

Pham, Tien Duc and Dwyer, Larry (2013). Tourism satellite account and its applications in CGE modelling. In Clement A. Tisdell (Ed.), Handbook of Tourism Economics: Analysis, New Applications and Case Studies (pp. 493-521) Singapore: World Scientific Publishing. doi:10.1142/9789814327084_0022


Author Pham, Tien Duc
Dwyer, Larry
Title of chapter Tourism satellite account and its applications in CGE modelling
Title of book Handbook of Tourism Economics: Analysis, New Applications and Case Studies
Place of Publication Singapore
Publisher World Scientific Publishing
Publication Year 2013
Sub-type Research book chapter (original research)
DOI 10.1142/9789814327084_0022
ISBN 9789814327077
9789814327084
Editor Clement A. Tisdell
Chapter number 22
Start page 493
End page 521
Total pages 29
Total chapters 39
Language eng
Abstract/Summary Two 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.
Keyword Australian tourism
Computable general
Economic contribution
Equilibrium models
Tourism satellite accounts
Q-Index Code B1
Q-Index Status Confirmed Code
Institutional Status UQ
Additional Notes Part VI: Inter-Industry Features of Tourism, Tourism Satellite Accounts.

Document type: Book Chapter
Collections: Official 2014 Collection
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Created: Fri, 23 Nov 2012, 22:12:19 EST by Jane Malady on behalf of School of Tourism