大学生论文旅游发展外文文献.docx

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大学生论文旅游发展外文文献

大学生论文旅游发展外文文献

MeasuringtheImpactofTourismuponUrbanEconomies:

AReviewofLiterature

KTHC–Knowledge,Technology,HumanCapital

UgoGasparino,ElenaBellini,BarbaraDelCorpoandWilliamMalizia

Abstract

Tourismisincreasinglyseenasapotentiallevertowardshigheconomicgrowth,measuredbothintermsofincomeandemployment.Inrecentyears,interestintourismhasspreadrapidlythroughoutmanysmallandmediumEuropeancities,whichpreviouslyhavenotconsideredthemselvesastouristdestinations.Thispaperreviewsandsummarizestheexistingliteratureontheeconomicassessmentoftourismwiththeobjectivesof,firstly,identifyingthemaincategoriesofimpactsand,secondly,constructinganinventoryofmethodologiesavailabletoassessthem.Wewillprogressstepbystep,startingfromthemostsimplisticapproachesandrelaxingassumptionsasweproceed.Firstly,weassumeastaticsetting,withsparecapacity.Insuchasetting(partialequilibrium),pricesdonotrespondtodemandshocks:

onlyquantities(production,incomeandjobs)adjust.Secondly,werelaxthisassumptionandassumethatthereisnosparecapacity:

pricesrespondtoincreasingdemand(generalequilibrium),leadingtoreallocationofresourcesacrosssectors.Wethenmovefromastatictoadynamicsettingandsurveythosecontributionsthatlookattherelationshipbetweentourismspecialisationandlong-rungrowth.

Keywords:

Tourism,EconomicImpacts,Input-OutputAnalysis,GeneralandPartial

EquilibriumAnalysis

1Thepartialequilibriumanalysis

Partialequilibriumanalysisassumesthatthereissparecapacityunemployedresourcesandthat,asaconsequence,pricesdonotrespondtoincreasingdemand(perfectelasticsupply).Adjustmenttakesplaceonlythroughquantities(production,jobs,andthereforeincome).

Thebasicconceptofpartialequilibriumanalysisisthatof‘multiplier’although,asnoticedbyArcher,«thereisperhapsmoremisunderstandingaboutmultiplieranalysisthanalmostanyotheraspectoftourismresearch»(Archer,1982).Multipliersmeasurethepresenteconomicperformanceofthetourismindustryandtheeffectsofshort-runeconomicadjustmentstoachangeintheleveloftouristexpenditure.

Thedefinitionofmultiplier,intermsofKeynes,isunequivocal:

themultipliermeasurestheincreaseineconomicactivitygeneratedinaneconomybyaunitincreaseintourismexpenditure.Atourismincomemultiplierisacoefficientthatexpressestheamountofincomegeneratedinanareabyanadditionalunitoftouristspending:

forinstance,iftouristsspendanextraEUR1millionintheareaandthisgeneratesEUR800,000ofincome,theKeynesianmultiplieris0.81.However,alternativedefinitionsofmultiplierscanbefoundintourismliterature.Themostpopularoftheseistheuseof‘ratio’multiplier,whereforexampletheincomemultipliertendstobeexpressedastheratioofa‘total’incomegeneratedbytourismexpenditure(seeSection1.1)tothe‘direct’income.Dependingonwhatismeantby‘total’income,threetypesof‘ratio’multiplierscanbegenerated.

Despitethestrongassumptionsimplicitintheircalculation,multipliersarewidelyusedinpolicy-making.Theyareusedtostudytheimpactoftourismonbusinessturnover,incomeandemploymentandcanbeusedtocomparetheimpactofincreaseddemandonothersectorsoftheeconomyordifferentpolicyoptions.

Inwhatfollows,wefirstlyintroducetheeconomicmeaningofmultipliers,analysinghowthetouristexpenditureripplesthroughtheeconomy.Secondly,wepresenttwowidelyusedmethodologiestocalculatemultipliers.Finally,webrieflydiscussandcomparesomeoftheempiricalresults.

2Theeconomicmeaningofmultipliers

Inthedestinationtouristsspendtheirmoneytobuycertaingoodsandservices.Thisinitialtouristexpenditureisgenerallydirectedtoveryspecificsectorsoftheeconomy(lodging,restaurant,amusement,retailtrade,transportation–whichwewillrefertoas

Althoughthecorrectmethodologywouldrequirethecalculationofthemultiplieratthemargin,itiscommonpractice(mainlybecauseofdatalimitation)tocalculateincomeeffectsintermsofaverage,ratherthanmarginal,tourismexpenditureandtoassumethatthereisnosignificantdifferencebetweenthem.Thisimpliesthattheeconomyhasavailablecapacitytomeetfuturedemand

Tourismindustriesandrepresentsadditionalrevenuesfortheseactivities.Thesearetheso-calleddirecteffects.

Partofthoserevenuesisusedtobuyintermediategoodsandservicesthatwillbeusedin‘futureproductioncycles’(intermediatedemand).Aremainingpartwillbeusedtobuytheservicesofproductionfactors:

labour,capitalandland(wages,interestsandprofits,andrents–grossvalueadded),topaytaxestocentralandlocalgovernments,orsaved.Inallcases,somemoneycouldgooutsidethearea,tointermediateproducersandproductionfactorslocatedoutsidethearea(i.e.,it‘leaks’outofthelocaleconomy).

However,somewillremainwithinthearea:

localtourismindustrieswillhirenewlocalworkers(payingabiggernumberofwages)anddemandadditionalgoodsfromlocalproducers.Asaresult,localoutputincreases,employmentopportunitiesincreaseandlocalincomerises(duetotheincreaseinthenumberofwages).Thesearetheso-calledindirecteffects.

Theincreaseinemploymentbringstoanincreaseinthetotalincomeoflocalresidents.

Partofthisincomeissavedandpartisspentinconsumptiongoods.Thisinturngeneratesadditionaldemandwhich,asbefore,translatesintoadditionalproductionandemployment(andsoon).Thesearetheso-calledinducedeffects.Indirectandinducedeffectsareoftencalledsecondaryeffects.Theeffectoftourismonthelocaleconomyisinfluencedbyafewkeyfactors:

Thecharacteristicsandthespendingpatternsofthelocaltourists,affectingthedirectimpactontheeconomy.Essentialfeatureshereinclude:

Thereasonfortravel(touriststravellingforculturalreasonsspendmore/lessandputmore/lesspressureonnaturalandculturalresourcesthansun&beachtourists);

Thelengthofstay(touristsstayingforthedayarelikelytospendasmallershareoftotalexpenditureinlocallyproducedgoods);Theaccommodationchosen(hotelsaremoreexpensivethancampsites).

Thecharacteristicsofthetourismindustriesandofthelocaleconomy.Keyfeatureshereincludetheabilityoflocaleconomytosatisfythedemandoftourismindustries,aswellasthesizeandthesharesoftourismindustriesthatarelocallyowned.Theextentoftheindirecteffectsdependsonthesizeoftheareaunderstudy(e.g.,municipal,regional,national)andontheextenttowhichbusinessfirmsintheareasupplyeachotherwithgoodsandservices(themorelikelythemorediversifiedandinterlinkedisthelocaleconomy).Ingeneral,thesmallerthescaleoftheeconomyandthehighertheshareofinitialexpenditurethatleaksoutofthelocalarea,thefeweraretheselinkagesandthesmalleraretheindirecteffects.Moreover,themagnitudeofindirectandinducedeffectsdependsontheshareofcapital,landandlabourthatislocallyowned.Forinstance,smallfamily-ownedhotelsandrestaurantsaremorelikelytobuylocalintermediateinputsthanchainhotelsandtouristvillages.Iffactorsarelocallyowned,theirremunerations–profits,rentandwages–willstaylocallyandlocalcommunitywillstronglybenefitfromthem.

3.Direct,indirectandinducedbenefitsandeffectsontheeconomytriggeredbytourist

SpendingSeveraltypesofmultiplierarecommonlyused:

Sales(ortransactions)multiplierreferstotheeffectonbusinessturnover(valueofbusinessturnovercreatedbyaunitaryincreaseintourismexpenditure);Outputmultiplierreferstotheeffectonthelevelofoutputoftheeconomy.Withrespecttothesalesmultiplieritdoesnotonlytakeintoaccounttheimpactonturnoveroflocalbusinesses,butalsoanychangesinthelevelofstockstheyhold.Thiscanbeusefulinidentifyingpotentialsupplyshortfalls,orbottlenecks;Governmentrevenuemultiplierreferstotheeffectsongovernmentalrevenuesfromallsources(e.g.,directandindirecttaxation,duties,licensesandfees);Incomemultiplierreferstotheeffectonincomes(salesnetofintermediateconsumption,includingwages,salariesandprofit).Thisiscommonlyregardedasthemostimportantindicatoroftheeconomicperformanceoftourismindustry.Incomemultipliersvarydependingonwhethertheyincludeornotincomesaccruingtononnationalsresidingintheregionunderinvestigation,andwhethertheyincludeornotincomeaccruingtogovernments.Themultipliercanbemeasuredasdisposableincome–theincomeavailabletoindividualstospendorsave,whichisnetoftax–orvalueaddedincome–theincomewhichincludestaxandotherexpenditureswhicharedefinedaccordingtonationalincomeaccountingrules;

Employmentmultiplierreferstotheeffectonemployment.Itisusuallyderivedfromtheoutputorincomemultipliers.Itcanbeexpressedastheratioofthenumberof‘total’additionaljobs(e.g.,directandindirectordirectandsecondary)toeitherthenumberofdirectjobs(‘ratio’multiplier)ortotheinitialtouristexpenditure(Keynesianmultiplier).Employmentcanbemeasuredintermsoffulltimeequivalentjobs,ortheactualnumberofjobsincludingpart-timejobs.

SupposeadditionaltouristexpenditureofEUR1milliongeneratingEUR2.5millionofextraoutputandEUR500000ofdirectandsecondaryincome.Italsocreates200jobsdirectlyand180secondarily.InKeynesiantermsthemultipliersare,respectively:

2.5(output),0.5(income)and3.8jobsfor10000EURoftouristexpenditure(employment).

Onthe

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