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Tourism Yield of Different Market Segments: A Case Study of Hawaii

Author

Listed:
  • Stephen Pratt

    (School of Tourism and Hospitality Management, Faculty of Business and Economics, University of the South Pacific, Private Mail Bag, Suva, Fiji)

Abstract

This paper estimates the economy-wide economic impacts of tourism for various market segments. Moving beyond volume (arrivals) versus value (direct tourism expenditure), the author examines various economy-wide measures of economic impact. Different visitor spending has different flow-on effects, depending on each sector's taxation rate, import quotient and capital–labour ratio. It is important for destination marketing organizations and tourism policy makers to factor in these characteristics when considering the full economic impact of tourism expenditure.

Suggested Citation

  • Stephen Pratt, 2012. "Tourism Yield of Different Market Segments: A Case Study of Hawaii," Tourism Economics, , vol. 18(2), pages 373-391, April.
    • Handle: RePEc:sae:toueco:v:18:y:2012:i:2:p:373-391
    DOI: 10.5367/te.2012.0112
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    References listed on IDEAS

    as
    1. Michael Lahr & Louis de Mesnard, 2004. "Biproportional Techniques in Input-Output Analysis: Table Updating and Structural Analysis," Economic Systems Research, Taylor & Francis Journals, vol. 16(2), pages 115-134.
    2. Roger March, 2008. "Rejoinder: The Rhetoric and Reality of Yield at the Destination Level," Tourism Economics, , vol. 14(2), pages 435-438, June.
    3. Noel Scott & Noreen Breakey, 2007. "Yield Applied to Destination Management: An Inefficient Analogy?," Tourism Economics, , vol. 13(3), pages 441-452, September.
    4. Clemente Polo & Elisabeth Valle, 2008. "A General Equilibrium Assessment of the Impact of a Fall in Tourism Under Alternative Closure Rules: the Case of the Balearic Islands," International Regional Science Review, , vol. 31(1), pages 3-34, January.
    5. Adam Blake & M. Thea Sinclair & Guntur Sugiyarto, 2003. "Quantifying the Impact of Foot and Mouth Disease on Tourism and the UK Economy," Tourism Economics, , vol. 9(4), pages 449-465, December.
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    Cited by:

    1. OROIAN, Maria & RATIU, Ramona-Flavia & GHERES, Marinela, 2013. "Using The Residents’ Profile As Potential Tourists In Tourist Market Segmentation: The Case Of Mures County, Romania," Academica Science Journal, Economica Series, Dimitrie Cantemir University, Faculty of Economical Science, vol. 1(2), pages 21-34, May.
    2. Pratt, Stephen, 2015. "The economic impact of tourism in SIDS," Annals of Tourism Research, Elsevier, vol. 52(C), pages 148-160.

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