Measuring the size of the informal tourism economy in Thailand
This study is the first to estimate the size of the informal tourism economy. Using a dynamic general equilibrium model, this paper first estimates the size of the informal tourism economy and then assesses its linkages to key labour market variables in Thailand. Empirical results indicate that: (a)...
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| Veröffentlicht in: | The international journal of tourism research 2020-09, Vol.22 (5), p.637-652 |
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| container_title | The international journal of tourism research |
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| creator | Çakmak, Erdinç Çenesiz, M. Alper |
| description | This study is the first to estimate the size of the informal tourism economy. Using a dynamic general equilibrium model, this paper first estimates the size of the informal tourism economy and then assesses its linkages to key labour market variables in Thailand. Empirical results indicate that: (a) the informal tourism economy grows faster than the formal tourism and aggregate economy; (b) both formal and informal tourism economies absorb the unemployed; (c) the relationship between formal and informal economies is negative in the aggregate but positive in the tourism sector. |
| doi_str_mv | 10.1002/jtr.2362 |
| format | Article |
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| ispartof | The international journal of tourism research, 2020-09, Vol.22 (5), p.637-652 |
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| language | eng |
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| source | Wiley Online Library Journals Frontfile Complete; EBSCOhost Business Source Complete |
| subjects | Ferries gender gap Informal economy informal tourism economy labour market shadow economy size Thailand Tourism trends vulnerable employment |
| title | Measuring the size of the informal tourism economy in Thailand |
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