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Measuring the Economic Impact of the Tourism Industry in India Using the Tourism Satellite Account and Input—Output Analysis

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  • Poonam Munjal

    (National Council of Applied Economic Research–Centre for Macro Consumer Research (NCAER–CMCR), Parisila Bhawan 11, I.P. Estate, New Delhi 110002, India)

Abstract

Tourism contributes significantly to the gross domestic product (GDP) and employment of an economy. However, its contribution to an economy is difficult to quantify as it does not fall within the system of national accounts because of its demand-driven nature. In the Indian context, while the basic tourism statistics are readily available and the authorities have also started to prepare a Tourism Satellite Account, the inter-linkages of tourism with other industries are not known, as tourism does not feature in the framework of the nation's input–output tables as a separate industry. This paper attempts to fill this void and analyses the tourism industry's inter-linkages by placing it in the framework of the Input–Output Transactions Table (IOTT) and quantifying its overall impact on other industries through multiplier analysis.

Suggested Citation

  • Poonam Munjal, 2013. "Measuring the Economic Impact of the Tourism Industry in India Using the Tourism Satellite Account and Input—Output Analysis," Tourism Economics, , vol. 19(6), pages 1345-1359, December.
    • Handle: RePEc:sae:toueco:v:19:y:2013:i:6:p:1345-1359
    DOI: 10.5367/te.2013.0239
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    References listed on IDEAS

    as
    1. Poonam Munjal, 2007. "Structural Changes in Indian Economy - An Input-Output Analysis," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 42(1), pages 77-95, July.
    2. Reinert, Kenneth A & Roland-Holst, David W, 1994. "Structural Change in the United States: Social Accounting Estimates for 1982-1988," Empirical Economics, Springer, vol. 19(3), pages 429-449.
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    Cited by:

    1. Chantha Hor, 2021. "Assessing the dynamic tourism inter-industry linkages and economic structural changes in Cambodia’s economy," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-24, December.
    2. Doris Chenguang Wu & Jingyan Liu & Haiyan Song & Anyu Liu & Hui Fu, 2019. "Developing a Web-based regional tourism satellite account (TSA) information system," Tourism Economics, , vol. 25(1), pages 67-84, February.
    3. Pedro Pintassilgo & Jaume Rosselló & Maria Santana-Gallego & Elisabeth Valle, 2016. "The economic dimension of climate change impacts on tourism," Tourism Economics, , vol. 22(4), pages 685-698, August.
    4. Luis E Pedauga & Ana Pardo-Fanjul & Juan C Redondo & José M Izquierdo, 2022. "Assessing the economic contribution of sports tourism events: A regional social accounting matrix analysis approach," Tourism Economics, , vol. 28(3), pages 599-620, May.

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