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identify the macroeconomic determinants responsible for the higher values of the tourism multiplier effect and to highlight the …Tourism is considered an opportunity for ensuring sustainable growth and reducing economic gaps for many less developed … countries and regions. Being one of the most dynamics industries, tourism proves to be strongly resilient, with a high level of …
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domestic tourism in Brazil to consolidate an interstate matrix of expenditures by tourists. We then use an interregional input …-output system for Brazil to compute the tourism multipliers based on alternative hypotheses for the sources of financing of … substitution effect in the consumption basket of travelers; and (ii) reduction in personal savings, maximizing the multiplier …
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This article explores the multiplier effects on domestic product, employment, and the external sector of the US economy … due to the decline of tourism activities during the pandemic. For this purpose, we use an input-output model and the … found that for every USD million decrease in tourism receipts, the net output decreases about USD 1.53 million, the level of …
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