IDEAS home Printed from https://ideas.repec.org/a/eee/touman/v40y2014icp27-34.html
   My bibliography  Save this article

Estimation of multipliers for the activity of hotels and restaurants

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0261517713001003
    Download Restriction: no
    File URL: https://libkey.io/10.1016/j.tourman.2013.04.006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bon, Ranko, 1986. "Comparative stability analysis of demand-side and supply-side input-output models," International Journal of Forecasting, Elsevier, vol. 2(2), pages 231-235.
    2. J. Barkley Rosser, 1999. "On the Complexities of Complex Economic Dynamics," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 169-192, Fall.
    3. 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.
    4. Gasparino, Ugo & Bellini, Elena & del Corpo, Barbara & Malizia, William, 2008. "Measuring the Impact of Tourism Upon Urban Economies: A Review of Literature," Knowledge, Technology, Human Capital Working Papers 37846, Fondazione Eni Enrico Mattei (FEEM).
    5. 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.
    6. Erik Dietzenbacher & Isidoro Romero, 2007. "Production Chains in an Interregional Framework: Identification by Means of Average Propagation Lengths," International Regional Science Review, , vol. 30(4), pages 362-383, October.
    7. Sef Baaijens & Peter Nijkamp & Kees Van Montfort, 1998. "Explanatory Meta-analysis for the Comparison and Transfer of Regional Tourist Income Multipliers," Regional Studies, Taylor & Francis Journals, vol. 32(9), pages 839-849.
    8. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beccarello, Massimo & Di Foggia, Giacomo, 2023. "Meeting decarbonization targets: Techno-economic insights from the Italian scenario," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 2.
    2. 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.
    3. repec:osf:socarx:etu9g_v1 is not listed on IDEAS
    4. 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.
    5. Theodore Mariolis & Nikolaos Ntemiroglou, 2023. "Matrix multipliers, demand composition and income distribution: Post‐Keynesian–Sraffian theory and evidence from the world's ten largest economies," Metroeconomica, Wiley Blackwell, vol. 74(4), pages 658-697, November.
    6. Torre, Andrew & Scarborough, Helen, 2017. "Reconsidering the estimation of the economic impact of cultural tourism," Tourism Management, Elsevier, vol. 59(C), pages 621-629.
    7. 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.
    8. 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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Juan Carlos Pérez Mesa & Emilio Galdeano Gómez & Garcia Barranco, 2015. "Value of Intermediation in the Spanish Tourist Supply Chain," Tourism Economics, , vol. 21(4), pages 791-805, August.
    2. Jeroen Klijs & Wim Heijman & Diana Korteweg Maris & Jeroen Bryon, 2012. "Criteria for Comparing Economic Impact Models of Tourism," Tourism Economics, , vol. 18(6), pages 1175-1202, December.
    3. Citera, Emanuele & Sau, Lino, 2019. "Complexity, Conventions and Instability: the role of monetary policy," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201924, University of Turin.
    4. Hartwell, Christopher A., 2019. "Short waves in Hungary, 1923 and 1946: Persistence, chaos, and (lack of) control," Journal of Economic Behavior & Organization, Elsevier, vol. 163(C), pages 532-550.
    5. Nicolas Bouleau, 2012. "Limits To Growth And Stochastics," Post-Print halshs-00782948, HAL.
    6. Gasparino, Ugo & Bellini, Elena & del Corpo, Barbara & Malizia, William, 2008. "Measuring the Impact of Tourism Upon Urban Economies: A Review of Literature," Knowledge, Technology, Human Capital Working Papers 37846, Fondazione Eni Enrico Mattei (FEEM).
    7. Michaelides, Panayotis G. & Belegri-Roboli, Athena & Arapis, Gerasimos, 2009. "Early Nonlinear Modelling in Economic Analysis: The Hicks Model for Greece Revisited," MPRA Paper 67112, University Library of Munich, Germany.
    8. Richard Wood, 2011. "Construction, Stability And Predictability Of An Input-Output Time-Series For Australia," Economic Systems Research, Taylor & Francis Journals, vol. 23(2), pages 175-211.
    9. Fanti, Luciano & Gori, Luca, 2011. "Public health spending, old-age productivity and economic growth: Chaotic cycles under perfect foresight," Journal of Economic Behavior & Organization, Elsevier, vol. 78(1-2), pages 137-151, April.
    10. André Torre, 1993. "Sur la signification théorique du modèle d'offre multisectoriel," Revue Économique, Programme National Persée, vol. 44(5), pages 951-970.
    11. Davide Consoli & Pier Paolo Patrucco, 2011. "Complexity and the Coordination of Technological Knowledge: The Case of Innovation Platforms," Chapters, in: Handbook on the Economic Complexity of Technological Change, chapter 8 Edward Elgar Publishing.
    12. Miguel Henry & George Judge, 2019. "Permutation Entropy and Information Recovery in Nonlinear Dynamic Economic Time Series," Econometrics, MDPI, vol. 7(1), pages 1-16, March.
    13. Fidel Aroche Reyes & Marco Antonio Marquez Mendoza, 2021. "Demand-Driven and Supply-Sided Input–Output Models," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 19(2), pages 251-267, June.
    14. Ronald E. Miller & Umed Temurshoev, 2017. "Output Upstreamness and Input Downstreamness of Industries/Countries in World Production," International Regional Science Review, , vol. 40(5), pages 443-475, September.
    15. Martha G. Alatriste-Contreras & Igor Lugo, 2022. "Strategic sectors and the diffusion of the effect of a shock in Mexico for 2008 and 2012," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-23, December.
    16. Nan Zhang & Yan Zhuang, 2023. "Political Hierarchy of Opening-Up Policy and China’s Carbon Reduction: Empirical Research Based on Spatial Regression Discontinuity," Sustainability, MDPI, vol. 15(7), pages 1-24, March.
    17. Barkley Rosser, J. Jr., 2001. "Complex ecologic-economic dynamics and environmental policy," Ecological Economics, Elsevier, vol. 37(1), pages 23-37, April.
    18. Patricio Aroca & Randall Jackson, 2018. "Value Chains: Production Upstreamness and Downstreamness Revisited," Working Papers Working Paper 2018-01_R1, Regional Research Institute, West Virginia University.
    19. Chuke Jiang & Lizhi Xing, 2025. "Is China decoupling from the global value chain? A quantitative analysis framework based on the global production network," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-19, December.
    20. Bo Meng & Ming Ye & Shang‐Jin Wei, 2020. "Measuring Smile Curves in Global Value Chains," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(5), pages 988-1016, October.

    More about this item

    Keywords

    ;
    ;

    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:eee:touman:v:40:y:2014:i:c:p:27-34. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/tourism-management .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.