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Input-output multipliers in a small open-economy - an application to tourism
Ohagan, J; Mooney, D
Abstract: The small open economy model implies short-run supply constraints in traded and partially traded sectors ? which could significantly reduce sectoral multiplier values. As an illustration, this paper estimates income multipliers for export tourism in Ireland under different assumptions about the tradedness of supplying sectors. The limited usefulness of such multipliers to long-run policy making is also highlighted.
Keyword(s): Economics; Sociology
Publication Date:
Type: Journal article
Peer-Reviewed: Unknown
Language(s): English
Institution: Trinity College Dublin
Citation(s): J Ohagan, D Mooney, 'Input-output multipliers in a small open-economy - an application to tourism', Economic and Social Research Institute, Economic and Social Review, Vol.14 (Issue 4), 1983, 1983, pp273-280
Publisher(s): Economic & Social Studies
First Indexed: 2014-05-13 05:17:04 Last Updated: 2018-08-12 06:14:02