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australias tourism industry - reserve bank of …(澳大利亚的旅游业,储备银行u2026)
Australia’s Tourism Industry
Karen Hooper and Marileze van Zyl*
This article examines developments in Australia’s tourism industry over the past decade. It
focuses on the increased tendency for Australians to holiday overseas and the compositional
changes in the inbound visitor market, which together have contributed to subdued growth in
parts of the tourism industry in recent years.
Introduction industry.1 Specifically, the annual TSA measures
the direct contribution of tourism to the economy
The tourism industry makes a significant
by aggregating the output of each industry that is
contribution to the overall level of economic activity
consumed by ‘visitors’. In this way, tourism output is
and employment in Australia. This article discusses
brought into the national accounts framework as a
this contribution and how it has changed over time,
composite of the output of conventionally defined
drawing on both publicly available data and insights
industries.
from the Bank’s liaison program. In particular, the
article examines trends in two broad categories In order to measure the size of the tourism industry,
of tourism expenditure: spending by Australian spending by ‘visitors’ must be clearly distinguished
residents within Australia (domestic tourism
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