The multiplier effect: Singapore's hospitality industry

The multiplier effect: Singapore's hospitality industry

Tourism's contribution to Singapore's economy has increased over time. Tourism contributed 11.9% to Singapore's GDP in 1992, about half of that from direct revenues. Indirect and induced sources contributed about equally to the other half. While the direct effect of tourist expenditur...

Full description

Saved in:
Bibliographic Details
Main Authors: KHAN, Habibullah, PHANG, Sock-Yong, TOH, Rex S.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1995
Subjects:
Tourism industry
hospitality industry
multipliers
Singapore
economic conditions
Asian Studies
Economics
Growth and Development
Tourism and Travel
Online Access:https://ink.library.smu.edu.sg/soe_research/51
https://ink.library.smu.edu.sg/context/soe_research/article/1050/viewcontent/Multiplier_effect_Singapore_Hospitality_1995_afv.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English
Description
Summary:Tourism's contribution to Singapore's economy has increased over time. Tourism contributed 11.9% to Singapore's GDP in 1992, about half of that from direct revenues. Indirect and induced sources contributed about equally to the other half. While the direct effect of tourist expenditures on the Singapore economy are predominant, the indirect and induced effects are also significant, indicating strong sectoral linkages within the local economy, especially with respect to the hospitality industry.

Similar Items