Research Article
Nov 1981
Functional Planning Tool: Tourism Impact Model
Authors: Richard G. Fritz, AM.ASCE, and Mike KonecnyAuthor Affiliations
Publication: Journal of the Urban Planning and Development Division
Volume 107, Issue 1
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.
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Published In
Journal of the Urban Planning and Development Division
Volume 107 • Issue 1 • November 1981
Pages: 19 - 31
Copyright
© 1981 American Society of Civil Engineers.
History
Published in print: Nov 1981
Published online: Feb 12, 2021
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Authors
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Richard G. Fritz, AM.ASCE
Asst. Prof. of Economics, Univ. of Central Florida, Orlando, Fla.
Mike Konecny
Chf. Economist, Bureau of Management Consulting, Ottawa, Ont., Canada
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ASCE Library Cards let you download journal articles, proceedings papers, and available book chapters across the entire ASCE Library platform. ASCE Library Cards remain active for 24 months or until all downloads are used. Note: This content will be debited as one download at time of checkout.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.
Terms of Use: ASCE Library Cards are for individual, personal use only. Reselling, republishing, or forwarding the materials to libraries or reading rooms is prohibited.