The tourism satellite account: foundations, progress and issues

✍ Scribed by Douglas C. Frechtling

• Publisher: Elsevier Science
• Year: 1999
• Tongue: English
• Weight: 99 KB
• Volume: 20
• Category: Article
• ISSN: 0261-5177
• DOI: 10.1016/s0261-5177(98)00103-4

✦ Synopsis

In reaction to several decades of a pluralistic approach to measuring the impact of tourism on national economies, the tourism satellite account (TSA) has been proposed to provide consistent and comprehensive measurements across nations, through time, and with country's own systems of national accounts. The principles of national income accounting promulgated in 1993 by the United Nations and other multi-lateral organizations made provision for satellite accounts for activities not now separated in the national account structure. This article outlines the development of this new tool for analyzing the economic impact of tourism. It explains the concepts and coverage of the TSA and how it expands the scope of traditional tourism impact analysis. It outlines how the results may be employed in these analyses. It explores the major issues of developing the TSA concepts and measurement techniques, and why these are important to ensuring the full potential of this promising new analytical tool is realized. 1999 Elsevier Science Ltd. All rights reserved.