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

Xu, Chen, Jones, Calvin ORCID: https://orcid.org/0000-0003-4980-2330 and Munday, Max ORCID: https://orcid.org/0000-0001-9067-2481 2020. Tourism inward investment and regional economic development effects: Perspectives from tourism satellite accounts. Regional Studies 54 (9) , pp. 1226-1237. 10.1080/00343404.2019.1696954

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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 dwarfed by that in either manufacturing or other services. There are, however, cases where tourism demand represents a significant proportion of regional economic demand, and often in regions where there are economic development challenges. This paper suggests that the development of regional tourism satellite accounts (TSAs), and subsequent analysis of them, is a valuable means of analyzing the different economic characteristics of the externally owned and domestically owned tourism-related sectors.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HV Social pathology. Social and public welfare
Uncontrolled Keywords:	tourism inward investment; asset ownership; tourism satellite accounts; regional economic development
Publisher:	Taylor & Francis
ISSN:	0034-3404
Date of First Compliant Deposit:	19 November 2019
Date of Acceptance:	11 November 2019
Last Modified:	27 Nov 2024 02:00
URI:	https://orca.cardiff.ac.uk/id/eprint/126965

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