Measuring the size of the informal tourism economy in Thailand

Çenesiz, A. ORCID: 0000-0002-3889-4180 and Çakmak, E., 2020. Measuring the size of the informal tourism economy in Thailand. International Journal of Tourism Research. ISSN 1099-2340

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Abstract

This study is the first to estimate the size of the informal tourism economy. Using a dynamic general equilibrium model, this paper first estimates the size of the informal tourism economy and then assesses its linkages to key labour market variables in Thailand. Empirical results indicate that: (a) the informal tourism economy grows faster than the formal tourism and aggregate economy; (b) both formal and informal tourism economies absorb the unemployed; (c) the relationship between formal and informal economies is negative in the aggregate but positive in the tourism sector.

Item Type: Journal article
Publication Title: International Journal of Tourism Research
Creators: Çenesiz, A. and Çakmak, E.
Publisher: Wiley
Date: 29 April 2020
ISSN: 1099-2340
Identifiers:
NumberType
10.1002/jtr.2362DOI
1312802Other
Divisions: Schools > Nottingham Business School
Record created by: Linda Sullivan
Date Added: 30 Apr 2020 11:04
Last Modified: 30 Sep 2020 10:41
URI: http://irep.ntu.ac.uk/id/eprint/39767

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