Tourism's Contribution to a State Economy: A Multi-Regional General Equilibrium Analysis

A multi-regional general equilibrium model is used to estimate the effects of increased tourism on the economy of New South Wales, Australia's largest state. Simulations were undertaken of the effects of an increase in world, interstate and intrastate tourism on the economy of New South Wales f...

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Published inTourism economics : the business and finance of tourism and recreation Vol. 9; no. 4; pp. 431 - 448
Main Authors Dwyer, Larry, Forsyth, Peter, Spurr, Ray, VanHo, Thiep
Format Journal Article
LanguageEnglish
Published London, England SAGE Publications 01.12.2003
Subjects
Australia
Economic analysis
General economic equilibrium
National economy
New South Wales
Policy making
Simulation
Tourism
Australia
economic impacts
computable general equilibrium
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Summary:A multi-regional general equilibrium model is used to estimate the effects of increased tourism on the economy of New South Wales, Australia's largest state. Simulations were undertaken of the effects of an increase in world, interstate and intrastate tourism on the economy of New South Wales focusing on the assumptions that generate maximum impacts. The paper concludes with a discussion of the implications for policy making from the perspective of New South Wales as a tourism destination.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:1354-8166
2044-0375
DOI:10.5367/000000003322663140