TY - JOUR
AU - Allan, Grant
AU - Connolly, Kevin
AU - Figus, Gioele
AU - Maurya, Aditya
PY - 2022
DA - September
TI - Economic impacts of Covid-19 related changes in tourism
JO - Annals of Tourism Research Empirical Insights
AB - The Covid-19 pandemic has led to unprecedented disruption for the tourism industry. The economic consequences of changes in tourism spending will propagate through the whole economy, however the scale of these system-wide consequences can be hard to quantify. In this paper, we calculate the direct reductions in spending across different tourism categories including domestic, and international tourism and then use a computable general equilibrium (CGE) model to quantify their economic impacts. The results – illustrated using a model for Scotland and focusing on 2021 - demonstrate the scale of the losses in the tourism industry and the economy as a whole and the challenge for economic and tourism policy to mitigate the consequences of the Covid-19 pandemic in the future.
PB - Elsevier
UR - https://strathprints.strath.ac.uk/82512/
KW - Coronavirus (COVID-19)
ER