Impact of Visitor Spending and Park Operations on the Regional Economy: Virgin Islands National Park
Israel J. 2004. Impact of Visitor Spending and Park Operations on the Regional Economy: Virgin Islands National Park. Publisher Unknown. Publishing Location Unknown
The purpose of this study is to provide an estimate of the regional economic impact resulting from spending by visitors to the Virgin Islands National Park (VINP) in 2003 and park operations in fiscal year 2004. The main body of this report focuses on economic impacts of visitor spending. Based on information on the number of visits to the park, average spending for visitors, and regional economic multipliers, regional economic impact of visitor spending is estimated using the Money Generation Model – Version 2 (MGM2), a model designed for the National Park Service. Economic impacts are measured as direct and secondary sales, income, and jobs in the local area that result from spending by park visitors. For purposes of this analysis, the local region is defined as St. John. This analysis incorporates information from the National Park Public Use Statistics and spending information gathered during a March 2004 survey of VINP visitors. Multipliers are based on generic profiles provided in the MGM2 model.
- Type
- Published Report
- Authors
- Israel, Jane
- Date of Issue
- 2004-10
- Publisher
- Publisher Unknown
- Units
- VIIS
- Keywords
- Concessions, Economic Impact, MGM2, Money Generation Model, Social Science, Visitor Spending, Visitor Statistic