Journal article

The impact of Daikyo as a foreign investor on the Cairns-Far North Queensland regional economy

RJ Stimson, OH Jenkins, BH Roberts, MT Daly

Environment and Planning A Economy and Space | Published : 1998

Abstract

Foreign investment has played a major role in the development of tourism in the Cairns-Far North Queensland region of Australia, one of the nation's most internationalised regional economies. As the owner of a significant number of hotels and tourism operations, the Daikyo Corporation from Japan is the major foreign player, contributing substantially to employment and regional production. In this paper we use input-output analysis to estimate the contribution of Daikyo to the regional economy, which is shown to be positive and considerably greater in its export-to-import ratio effects, than is the case for the total industry sectors.

University of Melbourne Researchers

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