Alternative Title

The Tourism and Hotel Industry in Singapore: Income, Output and Employment Multipliers

Publication Type

Journal Article

Version

Postprint

Publication Date

2-1995

Abstract

Tourism's contribution to Singapore's economy has increased over time. Tourism contributed 11.9% to Singapore's GDP in 1992, about half of that from direct revenues. Indirect and induced sources contributed about equally to the other half. While the direct effect of tourist expenditures on the Singapore economy are predominant, the indirect and induced effects are also significant, indicating strong sectoral linkages within the local economy, especially with respect to the hospitality industry.

Keywords

Tourism industry, hospitality industry, multipliers, Singapore, economic conditions

Discipline

Asian Studies | Economics | Growth and Development | Tourism and Travel

Research Areas

Applied Microeconomics

Publication

Cornell Hotel and Restaurant Administration Quarterly

Volume

36

Issue

1

First Page

64

Last Page

69

ISSN

0010-8804

Identifier

10.1016/S0010-8804(99)80060-3

Publisher

Cornell University

Copyright Owner and License

Authors

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Additional URL

https://doi.org/10.1016/S0010-8804(99)80060-3

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