The effect of transportation on tourism promotion: Literature review on application of the Computable General Equilibrium (CGE) Model

摘要

This paper reviews the application of computable general equilibrium (CGE) models in empirical studies assessing the impact of transportation factors on tourism. The papers included in this review were searched via Google Scholar, Web of Science, and Scopus, and range in publication date from the first introduction of the CGE model by Johansen in 1960 to articles published in 2015. All of the reviewed studies utilized CGE models to assess the interactions among economic elements, transportation factors, and tourism. The results indicate that, among the 69 papers reviewed: 39 (56%) used CGE models to assess the interaction between tourism and the economy; 24 (35%) used the model to analyze the relationship between transportation and the economy; 4 (6%) focused on the interactions among transportation relevant factors, such as the interaction between oil prices and tourism; and only 2 papers (3%) assessed the direct interaction between transportation and tourism. This paper also argues that integrating transportation accessibility factors into CGE models will be a crucial factor in future research to properly assess the impact of transportation on tourism.