Abstract
Based on the review of previous studies and the background information of the economy as well as the tourism industry, it is clear that tourism demand and its inter-industry linkage are very important to a tourism CGE model. This chapter demonstrates how to incorporate tourism demand into a CGE model and how tourism demand is linked to various industries. CGE modelling was already introduced in Chap. 1. This chapter will discuss CGE models in more details, including functions and solutions, the TABLO codes, and the structure of nested functions.
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References
Armington, P. S. (1969). A Theory of Demand for Products Distinguished by Place of Production. IMF Staff Papers, 16, 159–178.
Horridge, M. (2000). ORANI-G: A General Equilibrium Model of the Australian Economy. Centre of Policy Studies/IMPACT Centre Working Papers op-93, Monash University.
STB (Singapore Tourism Board). (2005). Singapore Sets Out to Triple Tourism Receipts To S$30 Billion by 2015. https://app.stb.gov.sg/asp/new/new03a.asp?id=2483
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Meng, S., Siriwardana, M. (2017). Constructing a Tourism CGE Model. In: Assessing the Economic Impact of Tourism. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-40328-1_5
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DOI: https://doi.org/10.1007/978-3-319-40328-1_5
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-40327-4
Online ISBN: 978-3-319-40328-1
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