Article
The multiplier effect: Singapore's hospitality industry
Cornell Hotel and Restaurant Administration Quarterly
Alternative Title
The Tourism and Hotel Industry in Singapore: Income, Output and Employment Multipliers
Publication Type
Journal Article
Version
acceptedVersion
Publication Date
2-1995
Abstract
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.
Keywords
- Tourism industry,
- hospitality industry,
- multipliers,
- Singapore,
- economic conditions
Discipline
Identifier
10.1016/S0010-8804(99)80060-3
Publisher
Cornell University
Copyright Owner and License
Authors
Creative Commons License
Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International
Additional URL
https://doi.org/10.1016/S0010-8804(99)80060-3
Citation Information
Habibullah KHAN, Sock-Yong PHANG and Rex S. TOH. "The multiplier effect: Singapore's hospitality industry" Cornell Hotel and Restaurant Administration Quarterly Vol. 36 Iss. 1 (1995) p. 64 - 69 ISSN: 0010-8804 Available at: http://works.bepress.com/sockyong_phang/3/