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Tourism inward investment and regional economic development effects: perspectives from tourism satellite accounts

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  • Chen Xu
  • Calvin Jones
  • Max Munday

Abstract

The regional economic contribution of tourism-related inward investment is difficult to assess. This is due to data availability problems, and with inward investment in such industries often being dwarfed by that in either manufacturing or other services. However, there are cases where tourism demand represents a significant proportion of regional economic demand, and often in regions where there are economic development challenges. The paper suggests that the development of regional tourism satellite accounts, and their subsequent analysis, is a valuable means of analysing the different economic characteristics of the externally and domestically owned tourism-related sectors.

Suggested Citation

  • Chen Xu & Calvin Jones & Max Munday, 2020. "Tourism inward investment and regional economic development effects: perspectives from tourism satellite accounts," Regional Studies, Taylor & Francis Journals, vol. 54(9), pages 1226-1237, September.
    • Handle: RePEc:taf:regstd:v:54:y:2020:i:9:p:1226-1237
    DOI: 10.1080/00343404.2019.1696954
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    Cited by:

    1. Veronica Leoni & David Boto-García, 2023. "The Effect of Natural Disasters on Hotel Demand, Supply and Labour Markets: Evidence from the La Palma Volcano Eruption," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 86(4), pages 755-780, December.
    2. José-Manuel Sánchez-Martín & José-Luis Gurría-Gascón & Juan-Ignacio Rengifo-Gallego, 2020. "The Distribution of Rural Accommodation in Extremadura, Spain-between the Randomness and the Suitability Achieved by Means of Regression Models (OLS vs. GWR)," Sustainability, MDPI, vol. 12(11), pages 1-29, June.
    3. Calvin Jones & Max Munday, 2020. "Capital ownership, innovation and regional development policy in the economic periphery: An energy industry case," Local Economy, London South Bank University, vol. 35(6), pages 545-565, September.

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