Assessing tourism impact of Aviation
In no more than 400 words, briefly answer the following questions:
Describe how one might consider using the IO approach to estimate the tourism
impact of an ‘open -sky’ between two nations. What are the limitations of the IO
approach in assessing the economic impact? Discuss the use of CGE and its
advantages in this context. Is the application of the CGE approach warranted in all
circumstances?
The following reference may assist with this exercise. The first article looks at the
economic impact of air transport liberalisation in Hamburg, while the second article
looks at Australia. Don’t forget to the consult Readings 1 – 3 of this Unit.
Tuesday, February 2, 2016
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