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Full-Text Articles in Social and Behavioral Sciences

The Multiplier Effect: Singapore's Hospitality Industry, Habibullah Khan, Sock-Yong Phang, Rex S. Toh Feb 1995

The Multiplier Effect: Singapore's Hospitality Industry, Habibullah Khan, Sock-Yong Phang, Rex S. Toh

Research Collection School Of Economics

Tourism's contribution to Singapore's economy has increased over time. Tourism contributed 11.9% to Singapore's GDP in 1992, about half of that from direct revenues. Indirect and induced sources contributed about equally to the other half. While the direct effect of tourist expenditures on the Singapore economy are predominant, the indirect and induced effects are also significant, indicating strong sectoral linkages within the local economy, especially with respect to the hospitality industry.


Extending Multipliers From Semigroups, Marcelo Laca, Iain Raeburn Jan 1995

Extending Multipliers From Semigroups, Marcelo Laca, Iain Raeburn

Faculty of Engineering and Information Sciences - Papers: Part A

A multiplier on a normal subsemigroup of a group can be extended to a multiplier on the group. This is used to show that normal cancellative semigroups have the same second cohomology as the group they generate, generalising earlier results of Arveson, Chernoff, and Dinh. The main tool is a dilation theorem for isometric multiplier representations of semigroups.