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Evaluating the Economic Benefits from Tourism Spending through Input-Output Frameworks: Issues and Cases

  • Calvin Jones
  • Max Munday

The paper examines the economic effects of tourism spending within the framework of a regional Input-Output table augmented with a tourism satellite account. Two case studies from the Welsh economy illustrate the use of Input-Output tables to analyse the effects of tourism spending. The cases examined are the 2000 Brecon Jazz Festival, and the 1999 Rugby World Cup. In each case the effects of tourism spending are analysed in the context of varying regional economic conditions and constraints. Conclusions highlight the value of tourism satellite accounts as an aid to economic and policy planning at a time when tourism-led initiatives gain importance in regional economic development strategies.

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Article provided by Taylor and Francis Journals in its journal Local Economy.

Volume (Year): 19 (2004)
Issue (Month): 2 (May)
Pages: 117-133

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Handle: RePEc:taf:loceco:v:19:y:2004:i:2:p:117-133
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  1. Jane Bryan & Steve Hill & Max Munday & Annette Roberts, 2000. "Assessing the role of the arts and cultural industries in a local economy," Environment and Planning A, Pion Ltd, London, vol. 32(8), pages 1391-1408, August.
  2. Karlsson, Charlie & Johansson, Börje, 2006. "Regional Development and Knowledge," Working Paper Series in Economics and Institutions of Innovation 76, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  3. Gillespie, Gary & McGregor, Peter G. & Swales, J. Kim & Yin, Yan Ping, 1999. "A Computable General Equilibrium Approach to the Ex Post Evaluation of Regional Development Agency Policies," ERSA conference papers ersa99pa260, European Regional Science Association.
  4. Ricardo Gazel & R. Schwer, 1997. "Beyond Rock and Roll: The Economic Impact of the Grateful Dead on a Local Economy," Journal of Cultural Economics, Springer, vol. 21(1), pages 41-55, March.
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