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  • Systematic literature review on computable general equilibrium applications in tourism

    Author(s)
    Wickramasinghe, Kanchana
    Naranpanawa, Athula
    Griffith University Author(s)
    Naranpanawa, Athula
    Year published
    2021
    Metadata
    Show full item record
    Abstract
    Assessment of the economy-wide impacts of tourism has increased importance due to the unprecedented impacts of COVID-19. Computable general equilibrium (CGE) approach is a versatile tool for estimating the economy-wide impacts of tourism, as opposed to alternative general equilibrium approaches and partial equilibrium approaches. However, there has not been any systematic review done on CGE applications in tourism literature. The article reviews CGE applications in tourism over the past 25 years using a systematic quantitative literature review approach. This review presents potentially important applications of CGE models ...
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    Assessment of the economy-wide impacts of tourism has increased importance due to the unprecedented impacts of COVID-19. Computable general equilibrium (CGE) approach is a versatile tool for estimating the economy-wide impacts of tourism, as opposed to alternative general equilibrium approaches and partial equilibrium approaches. However, there has not been any systematic review done on CGE applications in tourism literature. The article reviews CGE applications in tourism over the past 25 years using a systematic quantitative literature review approach. This review presents potentially important applications of CGE models in guiding post-COVID tourism. Further, the article highlights the new developments in CGE modelling, which are yet to be adopted in tourism economics. Existing studies show a strong geographical bias. Notable research gaps exist in the areas of poverty, inequality, gender, environmental and the climate change impacts of tourism. Future research in these areas will be vital to effectively guide post-COVID tourism recovery.
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    Journal Title
    Tourism Economics
    DOI
    https://doi.org/10.1177/13548166211006988
    Note
    This publication has been entered in Griffith Research Online as an advanced online version.
    Subject
    Tourism
    Applied economics
    Social Sciences
    Economics
    Hospitality, Leisure, Sport & Tourism
    Social Sciences - Other Topics
    Publication URI
    http://hdl.handle.net/10072/406245
    Collection
    • Journal articles

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