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Estimation of multipliers for the activity of hotels and restaurants

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  • Robles Teigeiro, Luis
  • Díaz, Bárbara

Abstract

The purpose of this paper is to model and estimate the multipliers for Hotels and Restaurants, the most characteristic of the industries that make up the tourism business. This multiplier can be used for estimating the economic impact of tourism demand. Likewise, a tool for planners and policy makers is provided. The data source is the set of Input–Output tables gathered by the OECD, which, in its last edition, has collected a sufficiently representative number of countries with an equally suitable disaggregation level. Two models are elaborated, for the estimation of the Rasmussen backwards multiplier and of the imports multiplier, respectively. Some explanatory variables previously used in the literature are confirmed, while others are proposed as alternative ones.

Suggested Citation

  • Robles Teigeiro, Luis & Díaz, Bárbara, 2014. "Estimation of multipliers for the activity of hotels and restaurants," Tourism Management, Elsevier, vol. 40(C), pages 27-34.
    • Handle: RePEc:eee:touman:v:40:y:2014:i:c:p:27-34
    DOI: 10.1016/j.tourman.2013.04.006
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    References listed on IDEAS

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    1. Eveline S. Leeuwen & Peter Nijkamp & Piet Rietveld, 2009. "A Meta-analytic Comparison of Regional Output Multipliers at Different Spatial Levels: Economic Impacts of Tourism," Springer Books, in: Álvaro Matias & Peter Nijkamp & Manuela Sarmento (ed.), Advances in Tourism Economics, chapter 0, pages 13-33, Springer.
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    7. J. Carlos Lopes & João Dias & J. Ferreira do Amaral, 2008. "Assessing Economic Complexity with Input-Output Based Measures," Working Papers Department of Economics 2008/49, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    8. L. Alex Tooman, 1997. "Multipliers and Life Cycles: A Comparison of Methods for Evaluating Tourism and Its Impacts," Journal of Economic Issues, Taylor & Francis Journals, vol. 31(4), pages 917-932, December.
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    Cited by:

    1. Andrew Mitchell & Mark Lemon, 2019. "Using the LM3 method to evaluate economic impacts of an on-line retailer of local food in an English market town," Local Economy, London South Bank University, vol. 34(1), pages 51-67, February.
    2. Torre, Andrew & Scarborough, Helen, 2017. "Reconsidering the estimation of the economic impact of cultural tourism," Tourism Management, Elsevier, vol. 59(C), pages 621-629.
    3. Silvia Emili & Federica Galli, 2023. "Spatial and cross-sectoral input spillover effects: the case of the Italian tourism industry," Journal of Productivity Analysis, Springer, vol. 59(3), pages 243-258, June.
    4. Chantha Hor, 2021. "Assessing the dynamic tourism inter-industry linkages and economic structural changes in Cambodia’s economy," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-24, December.
    5. Yeamduan Narangajavana & Tomas Gonzalez-Cruz & Fernando J. Garrigos-Simon & Sonia Cruz-Ros, 2016. "Measuring social entrepreneurship and social value with leakage. Definition, analysis and policies for the hospitality industry," International Entrepreneurship and Management Journal, Springer, vol. 12(3), pages 911-934, September.

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