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Initial Assessment of the Impact of the SARS-CoV-19 on Tourism in Mexico

Author

Listed:
  • Antonio Kido-Cruz

    (Universidad Michoacana de San Nicolas de Hidalgo, México)

  • María Teresa Kido-Cruz

    (Universidad Michoacana de San Nicolas de Hidalgo, México)

Abstract

Los principales objetivos de este documento fueron evaluar el impacto del SARS-CoV-19 en la industria turística e inferir la participación del PIB del turismo en el PIB nacional de México. Se utilizó información de la matriz insumo-producto y la cuenta satélite de turismo. Los resultados muestran que, cuando desaparece todo el turismo, el Producto Interno Bruto (PIB) disminuye en un 8,98%. Al simular un escenario probable de recuperación de la actividad turística, en su conjunto, para el año 2021 del 25%, los resultados indican que el PIB turístico aumenta un 9% y para un escenario del 50%, el PIB sube al 12%. Se sugiere proyectar planes de recuperación en los subsectores de hotelera y restaurantes locales. La originalidad consistió en construir una matriz de insumo-producto del turismo en base a los datos e información de la cuenta satélite de turismo. La principal limitación es que solo se trabajó con datos del año 2013, los más recientes publicados por el INEGI. Se recomienda replicar el estudio para la actividad turística no solo en PIB sino también en empleo y salarios.

Suggested Citation

  • Antonio Kido-Cruz & María Teresa Kido-Cruz, 2021. "Initial Assessment of the Impact of the SARS-CoV-19 on Tourism in Mexico," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 16(3), pages 1-23, Julio - S.
    • Handle: RePEc:imx:journl:v:16:y:2021:i:3:a:15
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    File URL: https://www.remef.org.mx/index.php/remef/article/view/624
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    References listed on IDEAS

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    4. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 2020. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 94-137.
    5. Hyunae Lee & Sunyoung Hlee, 2021. "The Intra- and Inter-Regional Economic Effects of Smart Tourism City Seoul: Analysis Using an Input-Output Model," Sustainability, MDPI, vol. 13(7), pages 1-16, April.
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    Cited by:

    1. Oliver Cruz-Milan & Sergio Lagunas-Puls, 2021. "Effects of COVID-19 on Variations of Taxpayers in Tourism-Reliant Regions: The Case of the Mexican Caribbean," JRFM, MDPI, vol. 14(12), pages 1-23, December.

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    More about this item

    Keywords

    Tourism; COVID-19; Mexico; Economy; Input-Output Matrix;
    All these keywords.

    JEL classification:

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

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