An applied general equilibrium analysis of the economic effects of tourism in a quite small, quite open economy
- 1 October 1995
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 27 (10) , 985-994
- https://doi.org/10.1080/00036849500000079
Abstract
A computable general equilibrium model is used to project the effects of tourism on the industrial and regional structures of the Australian economy. The most striking conclusion is that Queensland, usually thought to be the most tourism-oriented of the Australian states, would be a net loser from an economy-wide expansion of tourism. As well as having a relatively large share of its GSP accounted for by tourist-oriented activities, Queensland is also relatively heavily dependent on agriculture and mining, traditional export sectors which are crowded out by the expansion of international tourism.Keywords
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