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The Impact of Daikyo as a Foreign Investor on the Cairns — Far North Queensland Regional Economy

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  • R J Stimson
  • O H Jenkins
  • B H Roberts
  • M T Daly

    (Daly Research Systems Pty Ltd, 13 Elvina Avenue, Newport, 2106, New South Wales, Australia)

Abstract

Foreign investment has played a major role in the development of tourism in the Cairns-Far North Queensland region of Australia, one of the nation's most internationalised regional economies. As the owner of a significant number of hotels and tourism operations, the Daikyo Corporation from Japan is the major foreign player, contributing substantially to employment and regional production. In this paper we use input-output analysis to estimate the contribution of Daikyo to the regional economy, which is shown to be positive and considerably greater in its export-to-import ratio effects, than is the case for the total industry sectors.

Suggested Citation

  • R J Stimson & O H Jenkins & B H Roberts & M T Daly, 1998. "The Impact of Daikyo as a Foreign Investor on the Cairns — Far North Queensland Regional Economy," Environment and Planning A, , vol. 30(1), pages 161-179, January.
  • Handle: RePEc:sae:envira:v:30:y:1998:i:1:p:161-179
    DOI: 10.1068/a300161
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