Tourism expenditure versus tourism consumption
- Author: United Nations Department of Economic and Social Affairs
- Main Title: International Recommendations for Tourism Statistics 2008 , pp 265-266
- Publication Date: February 2017
- DOI: https://doi.org/10.18356/8d648075-en
- Language: English
Tourism expenditure (TE), and tourism consumption (TC) appear to have a similar formal definition, namely, “the acquisition of consumption goods and services as well as valuables for own use or to give away, for and during tourism trips”. However, whereas tourism expenditure is restricted to the amount paid for such acquisition (that is, it includes only those expenditures that involve a payment), tourism consumption also includes imputed transactions, that is, transactions that although actual, do not involve the existence of a monetary flow as a counterpart. Consequently, as such transactions cannot be readily observed, their amount has to be calculated.
© United Nations
ISBN (PDF):
9789210568470
Book DOI:
https://doi.org/10.18356/791169b3-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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