On Linkages and Leakages: Measuring the Secondary Effects of Tourism

Tourism multipliers are widely used tools of services trade analysis. Yet, their derivation and interpretation has often been inconsistent and confusing. This article presents a unifying approach for calculating indicators of tourism linkages and leakages, derives these multipliers for a large sampl...

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Main Authors:	Lejarranga, Iza, Walkenhorst, Peter
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Macroeconomics: Production E230 INTERDISCIPLINARY RESEARCH AREAS :: Sports Gambling Recreation Tourism L830
Online Access:	http://hdl.handle.net/10986/4678

id	okr-10986-4678
recordtype	oai_dc
spelling	okr-10986-46782021-04-23T14:02:19Z On Linkages and Leakages: Measuring the Secondary Effects of Tourism Lejarranga, Iza Walkenhorst, Peter Macroeconomics: Production E230 INTERDISCIPLINARY RESEARCH AREAS :: Sports Gambling Recreation Tourism L830 Tourism multipliers are widely used tools of services trade analysis. Yet, their derivation and interpretation has often been inconsistent and confusing. This article presents a unifying approach for calculating indicators of tourism linkages and leakages, derives these multipliers for a large sample of more than 150 countries and statistically assesses the relationship among the multipliers, along with several other economic indicators. Contrary to widely held views, the multipliers for tourism linkages and leakages are noncomplementary, as they are based on different economic concepts, so that no particular correlation is to be expected. This independence is confirmed in the empirical cross-country analysis. Moreover, the analysis finds a positive association between the degree of linkages and per-capita income, trade openness and the friendliness of the business climate. 2012-03-30T07:29:12Z 2012-03-30T07:29:12Z 2010 Journal Article Applied Economics Letters 13504851 http://hdl.handle.net/10986/4678 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Macroeconomics: Production E230 INTERDISCIPLINARY RESEARCH AREAS :: Sports Gambling Recreation Tourism L830
spellingShingle	Macroeconomics: Production E230 INTERDISCIPLINARY RESEARCH AREAS :: Sports Gambling Recreation Tourism L830 Lejarranga, Iza Walkenhorst, Peter On Linkages and Leakages: Measuring the Secondary Effects of Tourism
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Tourism multipliers are widely used tools of services trade analysis. Yet, their derivation and interpretation has often been inconsistent and confusing. This article presents a unifying approach for calculating indicators of tourism linkages and leakages, derives these multipliers for a large sample of more than 150 countries and statistically assesses the relationship among the multipliers, along with several other economic indicators. Contrary to widely held views, the multipliers for tourism linkages and leakages are noncomplementary, as they are based on different economic concepts, so that no particular correlation is to be expected. This independence is confirmed in the empirical cross-country analysis. Moreover, the analysis finds a positive association between the degree of linkages and per-capita income, trade openness and the friendliness of the business climate.
format	Journal Article
author	Lejarranga, Iza Walkenhorst, Peter
author_facet	Lejarranga, Iza Walkenhorst, Peter
author_sort	Lejarranga, Iza
title	On Linkages and Leakages: Measuring the Secondary Effects of Tourism
title_short	On Linkages and Leakages: Measuring the Secondary Effects of Tourism
title_full	On Linkages and Leakages: Measuring the Secondary Effects of Tourism
title_fullStr	On Linkages and Leakages: Measuring the Secondary Effects of Tourism
title_full_unstemmed	On Linkages and Leakages: Measuring the Secondary Effects of Tourism
title_sort	on linkages and leakages: measuring the secondary effects of tourism
publishDate	2012
url	http://hdl.handle.net/10986/4678
_version_	1764392361076457472

On Linkages and Leakages: Measuring the Secondary Effects of Tourism

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