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The Impact of Presence and Hypothetical Absence of Tourism in Indian Economy

In: Applications of the Input-Output Framework

Author

Listed:
  • Poonam Munjal

    (National Council of Applied Economic Research)

Abstract

This paper attempts to derive the backward and forward linkages of tourism sector for India, despite the fact that tourism, unlike other sectors, does not fall in the SNA or I-O framework owing to its demand-driven nature of activity. For the first time, tourism is endogenized in the I-O framework using the results of tourism satellite accounts to derive its linkages. Further importance of tourism is explored by presenting these linkages in the system from which tourism is completely extracted or made to disappear. This is done using the hypothetical extraction method (HEM).

Suggested Citation

  • Poonam Munjal, 2018. "The Impact of Presence and Hypothetical Absence of Tourism in Indian Economy," Springer Proceedings in Business and Economics, in: Kakali Mukhopadhyay (ed.), Applications of the Input-Output Framework, pages 113-136, Springer.
    • Handle: RePEc:spr:prbchp:978-981-13-1507-7_5
    DOI: 10.1007/978-981-13-1507-7_5
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    Cited by:

    1. Luis E Pedauga & Ana Pardo-Fanjul & Juan C Redondo & José M Izquierdo, 2022. "Assessing the economic contribution of sports tourism events: A regional social accounting matrix analysis approach," Tourism Economics, , vol. 28(3), pages 599-620, May.

    More about this item

    Keywords

    Tourism satellite account; Input–output table; Multiplier analysis; Backward and forward linkages; Hypothetical extraction method;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • 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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