Title

Functional Planning Tool: Tourism Impact Model

Comments

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Keywords

Engineering; Civil; Planning & Development; Urban Studies

Abstract

The Tourism Impact Model (TIM) is an economic modeling technique that structures the existing relationship between tourism expenditures and various economic impacts. It provides a system of average impact multiplier linkages relating the tourism expenditures to some economic consequences. The model also considers the intermediate impact of capital investment induced by tourism activity. There are two basic types of equations comprising the TIM. One set is the various sectoral investment functions, which are estimated econometrically. The investment equations estimate the expected capital feedback resulting from current economic activity. The second set is current economic impact equations. The parameters of these latter equations are derived from the regional input-output model which determine the levels and the distributions of the various total economic resources required to satisfy a given final demand (expenditures) in the tourism sectors.

Journal Title

Journal of the Urban Planning & Development Division-ASCE

Volume

107

Issue/Number

1

Publication Date

1-1-1980

Document Type

Article

Language

English

First Page

19

WOS Identifier

WOS:A1981MM94200002

ISSN

0569-8081

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