Abstract

Objectives: This study aims to apply the shift-share analysis method to evaluate the economic impact of tourism in Petra between 2007 and 2017, including employment changes across the study area.
 Methods: The shift-share model is designed to assess the growth of individual industries at the local level compared to the national level. This method demonstrates employment growth rates in the Petra region resulting from a favorable industry mix and additional job creation. The data used in this study were obtained from multiple governmental and private sources through structured and non-structured interviews. A questionnaire was developed to collect data on the personnel working at the businesses, the star ranking of the businesses, and the types of services provided in both 2007 and 2017.
 Results: The results indicate growth in most tourism-related industries, as well as public administration and education possibly due to a population increase in the region.
 Conclusions: Based on the results, we can conclude that the decline in tourism between 2007 and 2017 led to a slowdown in growth in other sectors, despite the presence of modest growth in those sectors due to natural economic expansion.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.