Abstract

This study re-estimates tourism multipliers for Singapore using data from the 1983 input-output tables. Multipliers which embody direct as well as indirect and induced effects of tourism expenditures on output, income, employment, and import leakages are generated and compared to multipliers produced in previous studies of Singapore and selected small island economies. The income multiplier of .94 generated in this study is comparable to those of Hawaii, Hong Kong, or the Indian Ocean Islands. A comparison of the results in this study with earlier studies of Singapore suggests that the economic importance of tourism has been increasing.

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