Abstract for: Input-output system dynamics model of regional tourism

The importance of tourism to the economy is widely recognized. Tourism multiplier models and input-output analysis techniques are commonly used to measure the economic impact of changes in tourism spending. However, because the relationship between tourism and economic activity is more complex than these analytical methods assume, they all have technical limitations. This paper explores how a system dynamics perspective can be used to analyze the economic impact of tourism, taking into account the challenges for domestic tourism highlighted by COVID-19. Specifically, we will develop the standard input-output model in tourism analysis into a system dynamics model and attempt to incorporate region-specific issues into the computational process.