Impact of Tourism on Regional Economic Growth: A Global Value Chain Perspective

Publication | January 2022

This paper examines the contribution of tourism to the economy of Thailand and to the global economy. The findings suggest that tourism in Thailand generates significant economic impact on output and value added.

The economic impact of tourism development on economies in the global value chain remains understudied. Applying the multiregional input–output model to Thailand, this paper examines the economic contribution of tourism to its economy and to the global economy. Results reveal a strong spillover effect and linkage with domestic industries but weak connections with external industries of economies in the global supply chain.

Contents 

  • Abstract
  • Introduction
  • Literature Review
  • Methodology and Data
  • Findings and Discussion
  • Conclusions

Additional Details

Author
Type
Series
Subjects
  • Economics
  • Industry and trade
Pages
  • 28
Dimensions
  • 8.5 x 11
SKU
  • WPS220014-2
ISSN
  • 2313-6537 (print)
  • 2313-6545 (electronic)

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