The economic impact of tourism in Austria
Egon Smeral
(Austrian Institute of Economic Research, P.O. Box 91, 1103 Vienna (Austria))
621
Abstract
The impact of tourism on the economy of a country can be described through the use of input‐output analysis, which allows the calculation of the direct and indirect value added effects of tourism spending. After this stage of value added generation a new multiplier process — induced through the spending of the created income — increases the first round impact.
Citation
Smeral, E. (1995), "The economic impact of tourism in Austria", The Tourist Review, Vol. 50 No. 3, pp. 18-22. https://doi.org/10.1108/eb058193
Publisher
:MCB UP Ltd
Copyright © 1995, MCB UP Limited