Economic Impacts of Visitors to Olympic National Park, 2000

Stynes D, Propst D, Sun Y. 2001. Economic Impacts of Visitors to Olympic National Park, 2000. Michigan State University: Department of Park, Recreation and Tourism Resources. East Lansing, MI

The purpose of this study is to document the local economic impacts of visitors to Olympic National Park (OLYM) in 2000. Economic impacts are measured as the direct and secondary sales, income and jobs in the local area resulting from spending by park visitors. The economic estimates are produced using the Money Generation Model 2 (MGM2). Three major inputs to the model are: 1) number of visits broken down into seven lodging-based segments, 2) spending averages for each segment, and 3) economic multipliers for the local region. Inputs are estimated from the Olympic National Park Visitor Survey, the National Park Public Use Statistics, and IMPLAN input-output modeling software. The MGM2 model provides a spreadsheet template for combining park use, spending and regional multipliers to compute changes in sales, personal income, jobs and value added in the region.

Type
Published Report
Authors
Stynes, Daniel J; Propst, Dennis; Sun, Ya-Yen
Date of Issue
2001-12
Publisher
Michigan State University: Department of Park, Recreation and Tourism Resources
Units
OLYM
Keywords
Concessions, Economic Impact, MGM2, Money Generation Model, Social Science, Visitor Spending, Visitor Statistic

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