Tourist spending economic impact: low cost versus traditional companies

This paper aims to measure how the injection of money into the Spanish economy as a result of tourist spending contributes more or less to public income, job creation and new business opportunities depending on the air transport tourists choose. Input/Output (I/O) analysis is used to identify the Direct, Indirect and Induced Effect in both aggregate terms and also sector by sector. The research results support the conclusion that current consumption of the users of traditional companies still have a greater impact on GDP than those of low cost airlines.

Rosa Puertas Medina
Mª. Luisa Martí Selva
Consuelo Calafat Marzal
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