The Economic Contribution of Tourism Sector

Brida, Juan Gabriel; Pereyra, Juan Sebastián; Punzo , Lionello F.; Such-Devesa, María Jesús

The Economic Contribution of Tourism Sector

4TH WORLD CONFERENCE FOR GRADUATE RESEARCH IN TOURISM, HOSPITALITY AND LEISURE, ANTALYA, TURKEY 23-27, pp. 254-264, April 2008

13 Pages Posted: 28 Feb 2008 Last revised: 6 Mar 2018

See all articles by Juan Gabriel Brida

Juan Sebastián Pereyra

Universidad de la República - Facultad de Ciencias Económicas; El Colegio de México

Lionello F. Punzo

Dept of Economics and Statistics; INCT/PPED

María Jesús Such-Devesa

Universidad de Alcalá

Date Written: February 8, 2007

Abstract

This paper explores a recent method for measuring the tourism contribution to an economy's performance and compares it with others methodologies. The method uses the rate of growth of real per capita GDP and disaggregates it into a growth component that can be imputed to tourism and growth generated by other industries. It is applied to two groups of countries, one including economies with established destinations like Spain, France, Italy, UK and USA, and a group of Latin American with emerging tourism destinations. The comparison between those groups shows that the tourism contribution to GDP is higher for the first group but it is not associated necessarily with a greater contribution to the economy's growth. Keywords: tourism economic impacts; growth performance.

Keywords: tourism impacts, growth performance, rate of growth

JEL Classification: L83, Q21, Q26

Suggested Citation: Suggested Citation

Brida, Juan Gabriel and Pereyra, Juan Sebastián and Pereyra, Juan Sebastián and Punzo, Lionello F. and Such-Devesa, María Jesús, The Economic Contribution of Tourism Sector (February 8, 2007). 4TH WORLD CONFERENCE FOR GRADUATE RESEARCH IN TOURISM, HOSPITALITY AND LEISURE, ANTALYA, TURKEY 23-27, pp. 254-264, April 2008, Available at SSRN: https://ssrn.com/abstract=1099042