Article ID Journal Published Year Pages File Type
1008009 Annals of Tourism Research 2010 18 Pages PDF
Abstract

The Tourism Satellite Account (TSA) is a popular method of measuring the direct contributions of tourism consumption to a national economy. Its unique role in quantifying economic contributions of visitors in a country derives from its nature as an account rather than a model and its observance of the principles of national economic accounting. This discussion of TSA concepts, definitions and structure, the five macroeconomic variables produced and the special cases of accounting for travel agencies/tour operators, business travel consumption, and tourism specific durable goods is designed to make the TSA accessible to non economic accountants. Research issues yet to be resolved relate to tourism gross fixed capital formation, tourism collective consumption, and subnational TSAs. Finally, standards now distinguishing the TSA from other economic impact methods are recommended.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Tourism, Leisure and Hospitality Management
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