Chapter 6 - Economic and employment impacts

Abstract

As with the environment, much effort has been devoted to recording the economic impacts of tourism and its effects on employment. Indeed, it was the potential economic benefits of tourism that first attracted the attention of researchers and this remains the most fully investigated area of the tourism phenomenon. Young (1973) was one of the first to point out that tourism development could also incur costs, in terms of lost opportunities to establish other industries and of the creation of external (often non-monetary) costs.