Economic Impacts of Visitors to Badlands National Park, 2000
Propst D, Stynes D, Sun Y. 2002. Economic Impacts of Visitors to Badlands 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 Badlands National Park (BADL) 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 Badlands National Park Visitor Survey, the National Park Public Use Statistics, and MGM2 multipliers. 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
- Propst, Dennis B; Stynes, Daniel J; Sun, Ya-Yen
- Date of Issue
- 2002-02
- Publisher
- Michigan State University: Department of Park, Recreation and Tourism Resources
- Units
- BADL
- Keywords
- Concessions, Economic Impact, MGM2, Money Generation Model, Social Science, Visitor Spending, Visitor Statistic