Alternative Title
The Tourism and Hotel Industry in Singapore: Income, Output and Employment Multipliers
Publication Type
Journal Article
Version
acceptedVersion
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
Citation
KHAN, Habibullah; PHANG, Sock-Yong; and TOH, Rex S..
The multiplier effect: Singapore's hospitality industry. (1995). Cornell Hotel and Restaurant Administration Quarterly. 36, (1), 64-69.
Available at: https://ink.library.smu.edu.sg/soe_research/51
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/S0010-8804(99)80060-3