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In the globalization era, many products in the tourism industry are imported from other economies; whereas other products may be exported as intermediates to other economies. Researchers have assessed the economic impact of tourism for more than 40 years, but have shed little light on the...
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This paper assesses the role of global value chains (GVCs) in services and identifies the sector’s contributions towards the expansion of the Japanese economy. Specifically, the analysis focuses on the tourism sector in Japan, which has been witnessing rapid growth in recent years. Tourism is...
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The ability to measure the economic impacts of tourism provides policy makers with the evidence necessary to ensure that future policies are targeted to meet strategic objectives. However, despite significant work on tourism economics, notably with the Tourism Satellite Account, a deeper...
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