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EconoQuantum
On-line version ISSN 2007-9869Print version ISSN 1870-6622
Abstract
ARELLANO SALAZAR, Perla Rocío and CHAPA CANTU, Joana Cecilia. General equilibrium model for national tourism in México. EconoQuantum [online]. 2017, vol.14, n.2, pp.25-45. ISSN 2007-9869. https://doi.org/10.18381/eq.v14i2.7099.
Abstract: A general equilibrium model of short-term (fixed prices) is built to calculate the contribution of national tourism in Mexico and to analyze the effect of exogenous shocks on it such as AH1N1 influenza. The model takes into account: 17 productive sectors, ten family types differentiated by income decile they belong to, two production factors (labor and capital) and 10 consumption goods. The model is formulated with a social accounting matrix of the Mexican economy for the year 2004 and the Tourism Satellite Account. According to the model, the multiplier for domestic tourism is 2.79. This means that for each peso spent on tourism, 1.79 additional pesos are generated in the Mexican economy.
Keywords : Tourism; computable general equilibrium; social accounting matrix; C68; D58; E27; L83; O54; R13; R15.