Final answer:
Input-output analysis is generally considered a more detailed and superior tool than simple multipliers for measuring the income effects of tourism, given its ability to model complex economic relationships.
Step-by-step explanation:
Answering whether input-output analysis is a superior tool in measuring the income effects of tourism compared to the ad hoc or simple multiplier involves understanding the complexity and interconnectedness of economic activities within an industry. Input-output analysis provides a detailed account of the relationships between different sectors of an economy and allows us to see how changes in one sector, like tourism, impact other sectors. This detailed framework can model the direct, indirect, and induced effects of changes in tourism demand, thereby giving a comprehensive picture of the income effects.
On the other hand, simple multipliers give a broader overview without as much detail. They often estimate the average effect of additional expenditures on the economy, without distinguishing between sectors or accounting for supply-side constraints. Therefore, the input-output model might be considered a superior tool for policymakers and economists seeking a nuanced understanding of the economic impacts of tourism.
Yet, it's important to note that while input-output analysis is thorough, it's also more complex and data-intensive, which could be a disadvantage compared to simpler methods when ease of use and speed are prioritised.