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Assessing the economic impact of tourism a computable general equilibrium modelling approach

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Assessing the economic impact of tourism a computable general equilibrium modelling approach

ASSESSING THE ECONOMIC IMPACT OFTOURISMA Computable General Equilibrium Modelling ApproachSamuel Meng andMahinda Siriwardana•CJSamuel Meng and Mahinda

Assessing the economic impact of tourism a computable general equilibrium modelling approacha SiriwardanaAssessing the Economic Impact of TourismA Computable General Equilibrium Modelling Approachpa I gravemacmillanSamuel MengUniversity of Ne

w England. Armidale, New South Wales, AustraliaMahinda SiriwardanaUniversity of New England. Armidale. New South Wales, AustraliaISBN 978-3-319-40327- Assessing the economic impact of tourism a computable general equilibrium modelling approach

4 c-iSBN 978-3-319-40328-1DOI 10.1007/978-3-319-40328-1Library of Congress Conttol Number: 2016956078CO The Fdilor(s) (ifapplicable) and The Author(s)

Assessing the economic impact of tourism a computable general equilibrium modelling approach

2017I llis work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material i

ASSESSING THE ECONOMIC IMPACT OFTOURISMA Computable General Equilibrium Modelling ApproachSamuel Meng andMahinda Siriwardana•CJSamuel Meng and Mahinda

Assessing the economic impact of tourism a computable general equilibrium modelling approachy other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar met

hodology' now known or hereafter developed.The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication Assessing the economic impact of tourism a computable general equilibrium modelling approach

does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefo

Assessing the economic impact of tourism a computable general equilibrium modelling approach

re free for general use.The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be

ASSESSING THE ECONOMIC IMPACT OFTOURISMA Computable General Equilibrium Modelling ApproachSamuel Meng andMahinda Siriwardana•CJSamuel Meng and Mahinda

Assessing the economic impact of tourism a computable general equilibrium modelling approach to the material contained herein or for any errors or omissions that may have been made.Cover illustration: Cover image C’ Inlbgrafx/ Alamy Slock Pho

toPrinted on acid-free paperUlis Palgrave Macmillan imprint is published by springer Natur e llic registered company is Springer International Publish Assessing the economic impact of tourism a computable general equilibrium modelling approach

ing AG The registered company address is: Gcwcrbcstrassc 11. 6330 Cham. SwitzerlandAbbreviationsAOR Average Occupancy RateARR Average Room RateASEAN A

Assessing the economic impact of tourism a computable general equilibrium modelling approach

ssociation of Southeast Asian NationsBOT Balance of TradeCD Cobb-DouglasCES Constant Elasticity of SubstitutionCET Constant Elasticity of Transformati

ASSESSING THE ECONOMIC IMPACT OFTOURISMA Computable General Equilibrium Modelling ApproachSamuel Meng andMahinda Siriwardana•CJSamuel Meng and Mahinda

ASSESSING THE ECONOMIC IMPACT OFTOURISMA Computable General Equilibrium Modelling ApproachSamuel Meng andMahinda Siriwardana•CJSamuel Meng and Mahinda

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