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The contribution of tourism to the UK economy: Satellite account perspectives

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  • Jane Bryan
  • Calvin Jones
  • Max Munday

Abstract

This paper reports on recent UK progress towards the construction of a tourism satellite account. The nature of the account is explained and the paper argues that the tourism satellite account provides an indication of the contribution of visitor-related service activity to the UK economy. The paper demonstrates that a consistent accounting of tourism industry activity potentially provides new information for policymakers and the tourism industry itself. The account can inform decisions in terms of directing scarce resources, and in identifying critical elements in tourism sector success or failure. Moreover, the tourism satellite account permits the industry to be understood in the mainstream of economic analysis.

Suggested Citation

  • Jane Bryan & Calvin Jones & Max Munday, 2006. "The contribution of tourism to the UK economy: Satellite account perspectives," The Service Industries Journal, Taylor & Francis Journals, vol. 26(5), pages 493-511, July.
    • Handle: RePEc:taf:servic:v:26:y:2006:i:5:p:493-511
    DOI: 10.1080/02642060600722809
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    Cited by:

    1. Kun-Huang Huarng & Tiffany Hui-Kuang Yu & Francesc Solé Parellada, 2010. "An innovative regime switching model to forecast Taiwan tourism demand," The Service Industries Journal, Taylor & Francis Journals, vol. 31(10), pages 1603-1612, March.
    2. Walter E. Block & Isabelle Varon, 2020. "The Safe Drug Trade," Acta Economica Et Turistica, Libertas International University, vol. 6(1-2), pages 63-76, December.
    3. Aljaž Nerad & Antony R. O´Rourke & Marko Koščak, 2020. "Measurement of Direct and Indirect Effects of Tourism On GDP by TSA: Analysis of the Results for Slovenia and Its Biggest Touristic Markets," Acta Economica Et Turistica, Libertas International University, vol. 6(1-2), pages 133-154, December.
    4. Mihail N. Diakomihalis, 2012. "Maritime Tourism Tax Revenues in Greece: A New Framework for Collection," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 5(1), pages 109-127, April.
    5. Midmore, Peter, 2008. "Landscape Conservation And Economic Interdependence: A Case-Study Of Welsh National Parks And The Regional Economy," 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK 36864, Agricultural Economics Society.
    6. Yoel Mansfeld & Onn Winckler, 2007. "The Tourism Industry as an Alternative for the GCC Oil-Based Rentier Economies," Tourism Economics, , vol. 13(3), pages 333-360, September.

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