A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism

MICE tourism has grown into an important economic sector in many places, and it is quite easy to understand the relevancy of estimating the economic impact of business tourists on the local and regional economies. Several industrial and academic researches has mentioned many methods for economic imp...

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Main Authors: Kumar J., Hussain K., Ali F.
Format: Article
Language:English
Published: EDP Sciences 2014-01-01
Series:SHS Web of Conferences
Online Access:http://dx.doi.org/10.1051/shsconf/20141201006
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author Kumar J.
Hussain K.
Ali F.
author_facet Kumar J.
Hussain K.
Ali F.
author_sort Kumar J.
collection DOAJ
description MICE tourism has grown into an important economic sector in many places, and it is quite easy to understand the relevancy of estimating the economic impact of business tourists on the local and regional economies. Several industrial and academic researches has mentioned many methods for economic impact studies (direct, indirect and induced impacts) of the conference - MICE tourism related events. Of these, the input-output (I-O) model and general equilibrium models (REMI and REM II) are widely used for the economic impact assessments. The current paper will review economic impact studies in the c conference - MICE tourism related events and then discusses the issues related to the I-O model and general equilibrium models framework
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spelling doaj.art-10ed44d47e93433ea9e00914b1d6589c2022-12-21T20:07:53ZengEDP SciencesSHS Web of Conferences2261-24242014-01-01120100610.1051/shsconf/20141201006shsconf_4ictr2014_01006A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE TourismKumar J.0Hussain K.1Ali F.2Hospitality, Tourism and Culinary Arts, Taylor’s UniversityHospitality, Tourism and Culinary Arts, Taylor’s UniversityInternational Business School, Universiti Teknologi MalaysiaMICE tourism has grown into an important economic sector in many places, and it is quite easy to understand the relevancy of estimating the economic impact of business tourists on the local and regional economies. Several industrial and academic researches has mentioned many methods for economic impact studies (direct, indirect and induced impacts) of the conference - MICE tourism related events. Of these, the input-output (I-O) model and general equilibrium models (REMI and REM II) are widely used for the economic impact assessments. The current paper will review economic impact studies in the c conference - MICE tourism related events and then discusses the issues related to the I-O model and general equilibrium models frameworkhttp://dx.doi.org/10.1051/shsconf/20141201006
spellingShingle Kumar J.
Hussain K.
Ali F.
A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism
SHS Web of Conferences
title A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism
title_full A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism
title_fullStr A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism
title_full_unstemmed A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism
title_short A Review of Cogent Reflection on the Economic Impact Assessment of Conferences – MICE Tourism
title_sort review of cogent reflection on the economic impact assessment of conferences mice tourism
url http://dx.doi.org/10.1051/shsconf/20141201006
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