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Theoretical structure of a tourism focused CGE model for measuring economic impact of an economy


Scientific Study, 2017

44 Pages


Excerpt


Table of Contents

1 Introduction

2 Economic Impact Analysis of Tourism

3 An Overview of the Model
3.1 The Theoretical Structure of the Model
3.2 Implementing the Model
3.3 Dimensions of the Model
3.4 Variables and Coefficients of the Model

4 The System of Equations of the Model
4.1 Input Demands for Current Production
4.1.1 Demand for Different Occupational Categories of Labour
4.1.2 Demands for Aggregated labour, Capital and Land
4.1.3 Demands for Intermediate Inputs
4.1.4 Top Level Demands for Composite Inputs
4.2 Supply of Outputs for Domestic Market and Export Market
4.3 Inputs Demands for the Production of Fixed Capital
4.4 Demand Equations
4.4.1 Household Demands
4.4.2 Foreign Demand for Exports
4.4.3 Government Demands
4.4.4 Inventory Demands
4.4.5 Demands for Margins
4.5 Price System and Zero Profit Conditions
4.5.1 Power of Taxes and Indirect Tax
4.6 Market Clearing Equations
4.7 Miscellaneous Equations
4.7.1 Gross Domestic Product (GDP)
4.7.2 Trade Balance, Basic Imports and Real Exchange Rate
4.7.3 Primary Factor Aggregates
4.7.4 Investment and Rates of Return
4.7.5 Labour Market Equilibrium

5 Modelling the Tourism Sector
5.1 Modification of Data Structure
5.2 Theoretical Structure of the Tourism Extension

6 Concluding Remarks

References

Appendixes

Excerpt out of 44 pages

Details

Title
Theoretical structure of a tourism focused CGE model for measuring economic impact of an economy
College
University of Kelaniya
Course
Economic Modelling
Author
Year
2017
Pages
44
Catalog Number
V370462
ISBN (eBook)
9783668486270
ISBN (Book)
9783668486287
File size
1185 KB
Language
English
Notes
Sriyantha Fernando is a Senior Lecturer in Department of Commerce and Financial Management, University of Kelaniya, Sri Lanka. At present he is on sabbatical leave and joined the Griffith Institute for Tourism, Griffith University as a Visiting Research Fellow. He holds a Ph.D from Griffith University, Australia and Bachelor of Commece and Master of Commerce from University of Kelaniya, Sri Lanka.
Quote paper
Dr. Sriyantha Fernando (Author), 2017, Theoretical structure of a tourism focused CGE model for measuring economic impact of an economy, Munich, GRIN Verlag, https://www.grin.com/document/370462

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