Building and using a framework to analyse the economic impacts of policies targeted at the tourism economy in Scotland

Lead Research Organisation: University of Strathclyde
Department Name: Economics

Abstract

This project analyses the system-wide economic impact of policies aimed at developing sustainable tourism in Scotland, one of the Scottish Government's "growth sectors". Past studies using economic models to assess the impact of tourism spending have often relied on disparate statistics and 'off-the-shelf' modelling techniques and therefore failed to fully capture the complexity of supply and demand of touristic activities.

This project reconciles definitions of tourism in the data and develops a tourism-specific large scale economic model to capture the role of tourism in Scotland's economy. The project sheds light on the interaction between tourism and the rest of the economy, while the model's features realistically capture current issues in tourism, specifically overtourism and tourism-specific supply constraints.

The outcomes will improve understanding of the economic characteristics of tourism in Scotland and of regional tourism in the literature. In addition, it will produce economic datasets reconciling demand-and supply-side perspectives on the sector and develop an academically novel tourism-specific treatment within an economic model of Scotland.

Publications

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Studentship Projects

Project Reference Relationship Related To Start End Student Name
ES/P000681/1 01/10/2017 30/09/2027
2267800 Studentship ES/P000681/1 01/10/2019 31/07/2023 Jon McFarlane
 
Description - I have written a draft chapter of running hypothetical input-output simulations, which investigate the effects of a tourism subsidy and effects on government spending and the wider economy, along with the inclusion of tourism spending categories into the model.
- I have been able to extend a CGE model that includes more tourism spending categories and have run a variety of simulations. The draft results and chapters are being written up
- i was involved in the creation of the dataset for the Scottish Social Accounting Matrix for 2017
Exploitation Route It is a collaborative project by VisitScotlnd and at the end of the project I will deliver a model to them which can be used in making future policy decisions in the tourism industry.
Sectors Creative Economy,Leisure Activities, including Sports, Recreation and Tourism

 
Title 2017 Social Accounting Matrix for Scotland 
Description The 2017 Scottish Input-Output (IO) is extended to a Social Accounting Matrix (SAM) using an income expenditure account. The SAM is aggregated to 30 sectors and used in the analysis of the Tourism sector in Scotland. 
Type Of Material Database/Collection of data 
Year Produced 2021 
Provided To Others? Yes  
Impact This is the main data set for the CGE model that I am building. 
URL https://pureportal.strath.ac.uk/en/datasets/3a388b44-9ec5-4818-999e-d11be1bed9c0