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Income and Expenditure Accounts Technical Series
Government revenue attributable to tourism, 2011
Appendix E: Revisions to estimates of government revenue attributable to tourism
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The government revenue attributable to tourism is not directly observable; in other words it is not obtained from surveys, or transactions data or Public Accounts, but derived from different sources. Because of this, any revision in any source of information or any changes in methods imply revisions in the estimates.
As mentioned in Appendix B, the major sources of information used in this study are:
- Aggregates of various government revenues as they appear in the National Income and Expenditure Accounts;
- Details on the various government revenues by commodity and industries from the Input-output Tables;
- The tourism ratios from the National Tourism Indicators (NTI);
Table E.1 summarizes the changes at the aggregate level of the main data used to estimate the government revenue attributable to tourism and in the overall results for 2008 and 2009. For both years, but especially in 2009, the in-scope government revenues were revised upward. On the other hand, tourism spending was revised down in both years. The revisions in tourism spending imply that the ratios relating tourism to the total economy were also revised down. On balance, lower tourism spending more than offset the higher government revenues resulting in a small downward revision in government revenue attributable to tourism in 2008 and in 2009.
The magnitude of the revision to government revenue attributable to tourism for 2008 and 2009 are well within revisions registered in previous studies.
Table E1 Revisions in source data used in Government revenues attributable to tourism, 2008 and 2009
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