A total requirements view of a tourism and hospitality market is more accurate than traditional location quotients
-
J. Reid Cummings [1] ; Donald R. Epley [1]
-
[1] University of South Alabama
University of South Alabama
Estados Unidos
-
- Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 20, Nº. 3, 2014, págs. 473-492
- Idioma: inglés
- Texto completo no disponible (Saber más ...)
-
Resumen
The traditional use of location quotients to determine the cluster oflocal industries that produce products and services primarily for export is outdated in that it uses employment ratios only. A betterapproach uses the total dollars spent locally. Combined with absolutelevels of employment, this research shows that the tourism andhospitality industry cluster is very different from those selectedtraditionally. Dollars-spent-locally uses data from local input�outputtables and presents a more accurate profile of the interrelationships among tourism and hospitality industries. The authors illustrate this more accurate approach for one area using current cross-sectional industry data.
