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Article: Economic Impact Analysis: A Look at Useful Methods.
- Article from:
- Parks & Recreation
- Article date:
- March 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 National Recreation and Park Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In today's environment, where tourism continues to be an important sector of the economy and recreation and parks departments are under more pressure to develop self sustaining programs and activities, economic impact studies are becoming more widely used by agencies interested in maximizing the economic benefits of recreational visits and activities. Economic impact studies provide information on the amount and nature of spending generated by an agency/organization, facility, program, or event and are completed for a variety of purposes. Not only can the figures generated through the analyses help garner public support for proposed developments, but they can also help ...