IDEAS home Printed from https://ideas.repec.org/a/bla/asiaec/v29y2015i1p41-60.html
   My bibliography  Save this article

Long-run Effect of the Global Financial Crisis on Singapore's Tourism and the Economy

Author

Listed:
  • Xianming Meng
  • Anthony Chin
  • Bligh Grant

Abstract

type="main"> This study employs recent Singaporean tourism survey data, the updated Singaporean input–output tables and a computable general equilibrium model to gauge the long-run effects of the 2008 global financial crisis and selected policy responses. The simulation results suggest that the global financial crisis has had mild negative long-run effects on the overall development of Singapore's economy, and that the GST deduction policy ought to offset this negative effect.

Suggested Citation

  • Xianming Meng & Anthony Chin & Bligh Grant, 2015. "Long-run Effect of the Global Financial Crisis on Singapore's Tourism and the Economy," Asian Economic Journal, East Asian Economic Association, vol. 29(1), pages 41-60, March.
  • Handle: RePEc:bla:asiaec:v:29:y:2015:i:1:p:41-60
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/asej.12046
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Paresh Kumar Narayan, 2003. "Economic Impact Of The 2003 South Pacific Games On Fiji," Economic Papers, The Economic Society of Australia, vol. 22(3), pages 60-73, September.
    2. Richard Stone & D. G. Champernowne & J. E. Meade, 1942. "The Precision of National Income Estimates," Review of Economic Studies, Oxford University Press, vol. 9(2), pages 111-125.
    3. Parikh, Ashok, 1979. "Forecasts of Input-Output Matrices Using the R.A.S. Method," The Review of Economics and Statistics, MIT Press, vol. 61(3), pages 477-481, August.
    4. Mark Horridge, 2000. "ORANI-G: A General Equilibrium Model of the Australian Economy," Centre of Policy Studies/IMPACT Centre Working Papers op-93, Victoria University, Centre of Policy Studies/IMPACT Centre.
    5. Diamond, J, 1977. " Tourism's Role in Economic Development: The Case Reexamined," Economic Development and Cultural Change, University of Chicago Press, vol. 25(3), pages 539-553, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:asiaec:v:29:y:2015:i:1:p:41-60. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/eaeaaea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.