Type of Submission
Refereed Article
Abstract
By taking advantage of proprietary data from input- output tables’ time series and by using econometric methods, this study estimated job and output multipliers affecting the hospitality sector in Eagle Ford Shale (EFS) between 2010 and 2019. In 2019, in the EFS area, the hospitality sector, including the hotel and food subsectors, received 32.5% of its increased revenues from oil and gas activities when comparing the years 2019 and 2010. For each new job in the energy industry, the hospitality sector received between $10,185 and $12,744. In the same year, hotel subsector revenues due to oil and gas activities explained 78.7% of its increased revenues when comparing the years 2019 and 2010. With each job created in the energy industry, the hotel subsector received between $4,828 and $5,398.
DOI
https://doi.org/10.7275/2jfg-nr87
Recommended Citation
Oyakawa, Javier
(2022)
"Hospitality Sector Revenues and Employment in the Eagle Ford Shale, 2010-2019,"
Journal of Hospitality Financial Management: Vol. 30:
Iss.
2, Article 5.
DOI: https://doi.org/10.7275/2jfg-nr87
Available at:
https://scholarworks.umass.edu/jhfm/vol30/iss2/5
Included in
Corporate Finance Commons, Finance and Financial Management Commons, Food and Beverage Management Commons, Gaming and Casino Operations Management Commons, Real Estate Commons, Tourism and Travel Commons