Economic multipliers have been used for decades to assess the total impact of
tourism spending. This multiplier concept is well grounded in economic theory and
has gamered the attention of some of the best hospitality researchers. Its use is
widespread among academics and practitioners alike. Yet, in spite of all this, the
multiplier concept is still "used and abused" (Archer, 1973) today. This research
discusses a case where multipliers were used incorrectly to determine the total
impact of the convention, exposition, and meetings industry along with how we in
hospitality may overcome this shortcoming.
Archer, B.H. (1978, January/March) Domestic tourism as a development factorAnnals of Tourism Research., pp. 126-141.
2.
Archer, B.H. (1977). Tourism multipliers: The state of the artOccasional Papers in Economics (No. 11). Bangor: University of Wales Press.
3.
Archer, B.H. (1973). The uses and abuses of multipliers. Tourist Research Paper TUR1, November.
4.
Ashley, R., & Olsen, M.D. (1986). Economic multipliers in the lodging industryBlacksburg, VA: Virginia Polytechnic Institute and State University.
5.
Bryden, John M. (1973). Tourism DevelopmentLondon : Cambridge University Press.
6.
Burford, R.L., & Katz, J.L. (1981). A method for estimation of input-output-type multipliers when no I-O model existsJournal of Regional Science, 21(2) pp. 151-162.
7.
Deloitte & Touche. (1993). The economic impact of conventions, expositions, meetings and incentive travelWashington: The Convention Liaison Council.
Liu, J.C. (1986, Summer) Relative economic contributions of visitor groups in HawaiiJournal of Travel Research. pp. 2-9.
10.
Liu, J., & T. Var (1982, September) Differential multipliers for the accommodation sectorTourism Management. pp. 177-187.
11.
Samuelson, P.E., & W.D. Nordhaus (1985) EconomicsNew York: McGraw Hill, pp. 154-155.
12.
United States Department of Commerce. (1992 ). Regional multipliers: A users handbook for the regional input-output modelling system (RIMS II)Washington : Department of Commerce.
13.
United States Department of Commerce. (1986 ). Regional multipliers: A users handbook for the regional input-output modelling system (RIMS II)Washington : Department of Commerce.
