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The global recession and its impact on tourists' spending in the UK

Author

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  • Dominic Webber

    (Office for National Statistics)

  • Tullio Buccellato

    (Office for National Statistics)

  • Sean White

    (Office for National Statistics)

Abstract

SUMMARYThis article uses an input-output (IO) modelling approach to investigate the impact of the global recession on the expenditures of inbound and overnight domestic visitors and the wider effect on the UK economy. The results suggest that the economic crisis has had a negative direct impact on tourism in the UK of around £42 million, although this was the relatively small difference between a large increase in domestic holiday tourism and falls in business and visiting family, friends and relatives spending. In turn, this led to a negative indirect impact of £45 million, representing a £21 million net fall across the production chain and a £24 million net fall in the compensation of employees. Overall, the economy has suffered a total net loss of £87 million.

Suggested Citation

  • Dominic Webber & Tullio Buccellato & Sean White, 2010. "The global recession and its impact on tourists' spending in the UK," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 4(8), pages 65-73, August.
    • Handle: RePEc:pal:ecolmr:v:4:y:2010:i:8:p:65-73
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    Cited by:

    1. Xin Zhao & Muhammad Saeed Meo & Tella Oluwatoba Ibrahim & Noshaba Aziz & Solomon Prince Nathaniel, 2023. "Impact of Economic Policy Uncertainty and Pandemic Uncertainty on International Tourism: What do We Learn From COVID-19?," Evaluation Review, , vol. 47(2), pages 320-349, April.
    2. Haoke Ding & Yinghua Ren & Wanhai You, 2022. "Does uncertainty granger-causes visitor arrivals? evidence from the MF-VAR model," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(6), pages 4193-4215, December.
    3. Khalid Khan & Chi-Wei Su & Yi-Dong Xiao & Haotian Zhu & Xiaoyan Zhang, 2021. "Trends in tourism under economic uncertainty," Tourism Economics, , vol. 27(4), pages 841-858, June.

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