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Assessing the Economic Impact of Tourism - A Computable General Equilibrium Modelling Approach (Hardcover, 1st ed. 2017)
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Assessing the Economic Impact of Tourism - A Computable General Equilibrium Modelling Approach (Hardcover, 1st ed. 2017)
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This book employs a computable general equilibrium (CGE) model - a
widely used economic model which uses actual data to provide
economic analysis and policy assessment - and applies it to
economic data on Singapore's tourism industry. The authors set out
to demonstrate how a novice modeller can acquire the necessary
skills and knowledge to successfully apply general equilibrium
models to tourism studies. The chapters explain how to build a
computable general equilibrium model for tourism, how to conduct
simulation and, most importantly, how to analyse modelling results.
This applied study acts as a modelling book at both introductory
and intermediate levels, specifically targeting students and
researchers who are interested in and wish to learn computable
general equilibrium modelling. The authors offer insightful
analysis of Singapore's tourism industry and provide both students
and researchers with a guide on how to apply general equilibrium
models to actual economic data and draw accurate conclusions.
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