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The Regional Multiplier Effect of Pilgrim Tourism

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  • Kozák Tamás

Abstract

Pilgrim tourism to religious regions is signifcantly growing worldwide. Tis type of tourism could influence the life of individuals and households in a city or village, as pilgrimages can help the regional economy to gain beneft. Tis paper outlines an integrative framework of multiplier effect and discusses its economic aspects with reference to pilgrim tourism. Te framework accentuatess the identifcation of regional economy aspects of the multiplier phenomenon in terms of local relationships of business sectors Te Leontief model’s “input-output transaction table” provides an integrative framework which is presented in this paper and based on relevant international literature. Te presented econometric model is focusing on the development and interpretation of the economic effect of a pilgrimage route in a region. By using the calculated multiplier effect of pilgrimage tourism, it becomes possible to make forecast on the impacts of a consumption change in on the region.

Suggested Citation

  • Kozák Tamás, 2018. "The Regional Multiplier Effect of Pilgrim Tourism," FIP - Journal of Finance and Law, Effectus - University College for Law and Finance, vol. 6(1), pages 29-40.
    • Handle: RePEc:eff:journl:v:6:y:2018:i:1:p:29-40
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