Impacts of Visitor Spending on Local Economy: Biscayne National Park, 2001
Stynes D and Sun Y. 2003. Impacts of Visitor Spending on Local Economy: Biscayne National Park, 2001. National Park Service; Michigan State University. East Lansing, MI
The purpose of this study is to document the local economic impacts of visitors to Biscayne National Park (BISC) in 2001. 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 by lodging-based segments, 2) Spending averages for each segment, and 3) Economic multipliers for the local region Inputs are estimated from the Biscayne National Park Visitor Survey, the National Park Service 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; Sun, Ya-Yen
- Date of Issue
- 2003-01
- Publisher
- National Park Service; Michigan State University
- Units
- BISC , EQD , SSB
- Keywords
- Concessions, Economic Impact, focus group research, MGM2, Money Generation Model, Social Science, stakeholder (or public) survey research, visitor monitoring, Visitor Services Project, Visitor Spending, Visitor Statistic, visitor survey research