The Economic Impact of Tourism: Beyond Satellite Accounts
-
Smeral, Egon [1]
-
[1] WIFO-Austrian Institute of Economic Research
-
- Localización: Tourism analysis, ISSN 1083-5423, Vol. 10, Nº. 1, 2005, págs. 55-64
- Idioma: inglés
- Texto completo no disponible (Saber más ...)
-
Resumen
The tourism satellite account (TSA) has as its main categories “tourism-specific,” “tourism-related,” and “non-tourism-specific” production industries, which in turn produce “tourism-specific,” “tourism-related,” and “non-tourism-specific” goods. The latter comprise goods and services supplied primarily to nontourists. The macroeconomic importance of tourism and its contribution to the overall value added is a crucial index for economists. For calculating the total economic impact of tourism, the TSA results have to be corrected for indirect effects triggered by tourism as the TSA concept considers only the direct value-added effects. Further, in an overall economic perspective, business trips of residents have to be excluded to get the right impact figures. In the case of Austria, it was found that in the year 2002 the direct and indirect value-added effects, excluding business trips, of Austrians contributed 9.6% to the GDP whereas direct effects contributed only 6%.
