The economic impact of tourism in Central Finland: a regional input–output study

2018 ◽  
Vol 73 (4) ◽  
pp. 521-547 ◽  
Author(s):  
Timo Tohmo
Keyword(s):  
Economic Impact ◽  
National Level ◽  
Regional Level ◽  
Net Income ◽  
Input Output ◽  
Output Analysis ◽  
Tourism Impact ◽  
Substantial Impact ◽  
Content Type ◽  
Input Output Analysis

Purpose The purpose of this study is to examine the total economic impact of tourism at the regional level in Central Finland. This paper aims to clarify the extent to which tourism contributes to regional output, employment, income and taxes in tourism-related sectors. Design/methodology/approach This study is based on a regional input–output analysis. The author calculates the effects of tourism on regional output, demand, wages, employment and national and regional taxes in Central Finland. Findings The author’s regional input–output analysis reveals that tourism has a substantial impact on production in Central Finland (including the direct and indirect effects of consumption by tourists in different sectors). Moreover, the effects of tourism expenditures on employment and residents’ incomes in tourism-related sectors in Central Finland are quite significant. Research limitations/implications Many limitations of this study stem from the assumptions of the input–output model. Other limitations relate to the analysis of the impacts of tourism on household taxes, savings, consumption and net income. Our study uses average figures, which may overstate the effect of tourist expenditures on taxes because tourism jobs are often low paying. Practical implications The study yields results that can be used to frame regional policy. The results may be useful for policymakers in planning for tourist attractions. Furthermore, local authorities may use the results to guide decisions regarding infrastructure investments or improvements to the operating environment of tourism industries. Originality/value Many studies analyse the economic impact of events at the regional level using input–output analysis. National-level tourism impact studies using the input–output technique have also been conducted. Studies focussed on the economic impact of tourism at the regional level typically examine the macroeconomic (income, output and employment) effects of tourism. Consequently, these studies have focussed on estimating output, employment and income multipliers (Mazumder et al., 2012). The author’s contribution is a regional input–output analysis of direct and indirect impacts of tourism expenditures on production, demand, wages, income and employment in the whole economy at the regional level (in Central Finland). The author also analyses the impacts of tourism on national and regional taxes. The results of this study could be used by planners and policymakers involved in regional planning and development.

Economic impact of the Canadian co-operative sector (2009 and 2010)

2017 ◽  
Vol 44 (5) ◽  
pp. 643-652
Author(s):  
George Karaphillis ◽  
Fiona Duguid ◽  
Alicia Lake
Keyword(s):  
Economic Impact ◽  
Design Methodology ◽  
Input Output ◽  
Output Analysis ◽  
Content Type ◽  
Input Output Analysis ◽  
Data Points ◽  
One Year ◽  
First Time ◽  
Over Time

Purpose Little research exists on the economic impact of the co-operative sector in Canada, and changes in the sector over time. The purpose of this paper is to fill-in the gaps in the knowledge about the size of the sector and its performance over time using a comparative analysis. Design/methodology/approach The authors of this paper conducted an input-output analysis of co-operatives in Canada for the years 2009 and 2010. First, the authors quantified the size of the sector for each year and then these two data points were compared to analyze the changes in this one-year period. Findings This paper demonstrates that co-operatives in Canada are significant to the national economy and remain stable over time. Originality/value This is the first time such a study has been done in Canada for the co-operative sector.

The Economic Impact of Tourism in Israel: A Multi-Regional Input—Output Analysis

1997 ◽  
Vol 3 (4) ◽  
pp. 341-359 ◽  
Author(s):  
Daniel Freeman ◽  
Esther Sultan
Keyword(s):  
Spatial Distribution ◽  
Economic Impact ◽  
Value Added ◽  
The Other ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Regional Impacts

Tourism has become one of the main export services in Israel in the last five years. The objective of this study was to estimate the comprehensive contribution of tourism to the economy of Israel and its spatial distribution. The study measured the impacts (multipliers) on three levels: direct, indirect and induced. A multi-regional input–output (MRIO) model was used in this research because of its capability to evaluate the impacts of inter-regional interdependencies simultaneously with those of sectoral ones. The results were expressed as multi-regional input–output multipliers. The authors conclude that the sum of the value-added from indirect output was 4% of GDP, and that from induced impacts was 7% of the GDP. There were differences in the impacts within and outside the regions. The analysis of multi-regional impacts through the use of MRIO enabled the authors to estimate simultaneously the magnitude of the impacts within the region, the related impacts in other regions, and the feedback impacts due to the other regions' demand.

An innovative approach to measuring technology spillovers in service-dominant logic

Kybernetes ◽  
2015 ◽  
Vol 44 (2) ◽  
pp. 202-219 ◽  
Author(s):  
Yen-Hao Hsieh ◽  
Soe-Tsyr Yuan
Keyword(s):  
Service Sector ◽  
Service Providers ◽  
Analysis Approach ◽  
Technology Spillovers ◽  
Input Output ◽  
Output Analysis ◽  
Content Type ◽  
Customer Involvement ◽  
Input Output Analysis ◽  
Target Values

Purpose – The purpose of this paper is to propose a service-dominant (S-D) logic-based input-output analysis approach to systematically measure the effects of technology spillover in the service sector. Design/methodology/approach – This study uses a case to demonstrate the feasibility and contributions of the S-D logic-based input-output analysis approach. Findings – This study adopted the idea of customer involvement to formulate the S-D logic-based input-output analysis approach. Service providers can apply this systematical approach to find potential opportunities to spread information technology and co-create values with customers. Originality/value – The S-D logic-based input-output analysis approach has elasticity to dynamically employ different perspectives to evaluate the effects of technology spillovers in order for integrity and precision. The proposed approach is to delineate the possible target values that related to specific services based on the notions of operant resources and customer involvement in a selected service sector. Service providers within the service sector have to offer innovative service activities and manage existing services for customers to participate in.

An Economic Analysis of Photovoltaic Industry

2010 ◽  
Vol 121-122 ◽  
pp. 756-759
Author(s):  
Tao Ye
Keyword(s):  
Sensitivity Analysis ◽  
Economic Analysis ◽  
Economic Impact ◽  
Job Creation ◽  
Input Output ◽  
Output Analysis ◽  
Economic Implications ◽  
Input Output Analysis ◽  
The World

The development of photovoltaic industry can produce great socio-economic implications in terms of induced production and job creation. The world photovoltaic market has been growing and will be strongly influenced by photovoltaic costs and available technologies.. The overall cost to implement a facility for module production having a capacity per year that may be regarded as the minimum profitable size for module production in China is considered. An input–output analysis is used for assessing the relative economic impact on production and employment. A sensitivity analysis shows that the results are reasonably robust.

Economic impact of port sectors on South African economy: An input–output analysis

2014 ◽  
Vol 35 ◽  
pp. 333-340 ◽  
Author(s):  
Young-Tae Chang ◽  
Sung-Ho Shin ◽  
Paul Tae-Woo Lee
Keyword(s):  
Economic Impact ◽  
South African ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis

The Economic Impact of the Economic Transformation Plan (ETP) On Malaysian Economy by the Year 2020: An Input-Output Analysis

2011 ◽  
Author(s):  
Ahmad Fauzi Puasa ◽  
Zakariah Abdul Rashid ◽  
Raja Zarina Raja Mohamad
Keyword(s):  
Economic Impact ◽  
Universal Access ◽  
Economic Transformation ◽  
High Income ◽  
Total Output ◽  
Vision 2020 ◽  
Input Output ◽  
Output Analysis ◽  
Input Output Analysis ◽  
Income Status

Since independence, Malaysia has gradually built a robust and resilient economy, which has sustained strong economic growth. We have almost eradicated hardcore poverty, and at the same time, have been able to provide the society near universal access to basic health, education, communications and other public services. As a result, the quality of life for the vast majority of Malaysians has improved. However, achieving our bold aspirations of Vision 2020, by the year 2020, will be challenging. Despite the resilient economic condition, Malaysia still belongs to the middle-income group. In order to join the high-income nations, Malaysia needs to transform economically. This government is committed in pursuing this strategy to achieve high-income status. We have embarked on an Economic Transformation Programme (ETP) to propel our economy to 2020. The ETP builds upon the policy directions, strategies and programmes of the 10th Malaysia Plan incorporated in the New Economic Policy. In this ETP strategy programmes have laid out the long-term budget in order to achieve the vision 2020 objectives. Using these figures, this study has forecasted the expected economic impact on Malaysia in the year 2020 using the input-output analysis technique. The results of the study reveal that, by year 2020 Malaysia is expected to produce a total output estimated at RM1,603 billion, increase the total household income to RM 138.365 billion, and create 9.784 million employments for the Malaysian.   Keyword: Economic transformation programme, economic impact, inputoutput analysis.

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