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Venue selection for major sporting attractions can be a highly politicised decision making process. Due to the sometimes controversial nature of venue selection, politicians can be circumspect on related issues including potential economic impacts. This was the case with the Australian Formula 1...
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This paper used input‐output analysis to compare the initial and flow‐on economic effects of tourism spending by two different types of tourists from Australia to Sri Lanka. The two groups of tourists were Sri Lankan migrants resident in Australia and Australians born either in Australia or...
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This paper examines the nature of uncertainty in integrated econometric+input-output (ECIO) regional models. We focus on three sources of uncertainty: (a) econometric model parameter uncertainty; (b) econometric disturbance term uncertainty; and (c) input-output coefficient uncertainty. Through...
Persistent link: https://www.econbiz.de/10005484952
Practitioners and academics apply a range of regional economic models for impacts assessment. These models extend from a simple economic base through to input-output and econometric models and computable general equilibrium models. All such models have strengths and weaknesses. Dimensions of...
Persistent link: https://www.econbiz.de/10010778445
Practitioners and academics apply a range of regional economic models for impacts assessment. These models extend from a simple economic base through to input-output and econometric models and computable general equilibrium models. All such models have strengths and weaknesses. Dimensions of...
Persistent link: https://www.econbiz.de/10010929368
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