A research group led by second-year doctoral student Ohga Yusuke and Head Professor Kagawa Shigemi at Kyushu University analyzed the economic, social, and environmental impacts of the decline in foreign visitors to Japan due to the COVID-2 pandemic.
The economic effects, job creation effects, and CO10 emissions derived from tourism activities are said to be equivalent to approximately 19% of the global total. The research group focused on inbound tourism in Japan during the coronavirus pandemic and developed a new factor decomposition analysis method based on two scenarios based on whether or not the COVID-2 pandemic occurs. They conducted a triple bottom line analysis to quantitatively evaluate the direct and indirect impacts in terms of value-added loss (economic), employment opportunity loss (economic), and COXNUMX reduction (environmental).
The results revealed that the decline in final demand (the amount of goods and services ultimately consumed) for inbound tourism in 19 due to the COVID-2020 pandemic led to a loss of added value of 3.4 trillion yen, a loss of employment opportunities for 87 people, and a reduction in CO2020 emissions of 1 Mt-CO11.6, equivalent to XNUMX% of total emissions in fiscal XNUMX.
Furthermore, an analysis by industry sector showed that economic and social losses were large not only in the accommodation and food and beverage sectors, but also in the wholesale and retail sectors. The chemical products sector also suffered large losses due to the decline in visitors from China, which had purchased a lot of cosmetics. The report showed that the main factor in reducing CO48 emissions was the indirect decline in electricity demand, accounting for XNUMX% of the total.
The analytical framework developed can be used by policymakers to quantitatively assess the impacts of their country's inbound tourism industry in the event of a new pandemic or other disaster, and to consider recovery policies that balance the economic, social, and environmental aspects.
