Ovidius University Annals: Economic Sciences Series (Jan 2018)
Measuring the Effect of Tourism Propagation in the Economy
Abstract
The analyses undertaken to estimate the global incidence of tourism spending on the national economy have highlighted the multiplier effect of tourism. The tourism multiplier refers to the changes caused by the additional expenses of tourists at the level of the income, production, employment and balance of payments of a country. The studies conducted to quantify the global incidence of tourism spending on the national economy have led to the establishment of the multiplier effect of tourism, seen as a continuum of inductions, of changes in the purchasing power of the tourism sector in income and expenditure in the various branches of the national economy where tourism has connections, making new revenue each time.