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Spillover Effects Of Tourism Policychanges On Hospitality Industries

Author

Listed:
  • Chun-Ming Chien
  • Cheng-Yih Hong
  • Jian-Fa Li

Abstract

This study aimed at using the industry-related spillover model to examine the spillover effects of the change in tourism policy and employed the induced employment model and the gross-induced added value model to measure the employment income, gross added value, and employment creation. Our results showed evidence that the consumption of Chinese tourists visiting Taiwan has brought a substantial impact on the hospitality and restaurant industries. In addition, the economy of scale created in the restaurant industry was smaller than that in the hospitality industry, since Chinese tourists allocated less expenditure for food. However, the spillover effects in the restaurant industry were larger than that in the hospitality industry.

Suggested Citation

  • Chun-Ming Chien & Cheng-Yih Hong & Jian-Fa Li, 2014. "Spillover Effects Of Tourism Policychanges On Hospitality Industries," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 8(2), pages 111-124.
    • Handle: RePEc:ibf:gjbres:v:8:y:2014:i:2:p:111-124
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    References listed on IDEAS

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    More about this item

    Keywords

    Change in Tourism Policy; Employment; Added Value; Spillover Effect;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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