Assessing the Economic Impact of Tourism

1. Front Matter

   Pages i-xviii

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2. An Introduction to CGE Modelling

   • Samuel Meng, Mahinda Siriwardana

   Pages 1-24

3. Useful CGE Modelling Packages

   • Samuel Meng, Mahinda Siriwardana

   Pages 25-59

4. Application of CGE Modelling to Tourism

   • Samuel Meng, Mahinda Siriwardana

   Pages 61-81

5. Collecting Background Information for a Tourism CGE Model

   • Samuel Meng, Mahinda Siriwardana

   Pages 83-129

6. Constructing a Tourism CGE Model

   • Samuel Meng, Mahinda Siriwardana

   Pages 131-210

7. Preparing Database for a Tourism CGE Model

   • Samuel Meng, Mahinda Siriwardana

   Pages 211-247

8. Model Implementation and Testing

   • Samuel Meng, Mahinda Siriwardana

   Pages 249-272

9. Interpretation of Results from a Tourism CGE Model

   • Samuel Meng, Mahinda Siriwardana

   Pages 273-342

10. Frontiers of Tourism CGE Modelling

    • Samuel Meng, Mahinda Siriwardana

    Pages 343-345

11. Back Matter

    Pages 347-354

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This book employs a computable general equilibrium (CGE) model – a widely used economic model which uses actual data to provide economic analysis and policy assessment – and applies it to economic data on Singapore’s tourism industry. The authors set out to demonstrate how a novice modeller can acquire the necessary skills and knowledge to successfully apply general equilibrium models to tourism studies. The chapters explain how to build a computable general equilibrium model for tourism, how to conduct simulation and, most importantly, how to analyse modelling results. This applied study acts as a modelling book at both introductory and intermediate levels, specifically targeting students and researchers who are interested in and wish to learn computable general equilibrium modelling. The authors offer insightful analysis of Singapore’s tourism industry and provide both students and researchers with a guide on how to apply general equilibrium models to actual economic data and draw accurate conclusions.

• CGE modelling
• Singapore
• Tourism demand
• Tourism policy
• Tourism modelling
• General equilibrium model

• University of New England , Armidale, Australia

  Samuel Meng, Mahinda Siriwardana

Samuel Meng is a senior research fellow at the University of New England, Australia. He is an experienced CGE modeller and a specialist in tourism modelling. He has published a number of papers in leading academic journals and won a prestigious Australian Research Council grant with his colleagues in 2012.

Mahinda Siriwardana is Professor of Economics at the University of New England, Australia. His main research interests include CGE modelling, trade policy analysis and carbon price modelling. He has published seven books and numerous journal articles. His is also a recipient of several Australian Research Council grants.

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