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Estimating the economic impact of tourism events : creating an input-output model for Texas

Estimates of the economic impact generated by tourism events can vary
greatly depending on the methodologies used to conduct an analysis. This
professional report will attempt to establish a standardized methodology for
estimating the economic impact created by demand shocks to the economy resulting
from event generated tourism visitation and spending with the final deliverable being
a state-level input-output model for Texas. A review of state-level input-output
models created for Michigan and Georgia in addition to a hypothetical scenario
based on the 1996 Atlanta Olympics will illustrate the importance of assumptions in
input-output analysis and lead to a discussion regarding some elements of hosting an
event and increasing tourism that cannot be captured through this method. The
report concludes by briefly examining considerations that should be made before
applying the Texas model, the potential for future improvements, and finally the
viability of recruiting events as an economic development strategy. / text

Identiferoai:union.ndltd.org:UTEXAS/oai:repositories.lib.utexas.edu:2152/22209
Date14 November 2013
CreatorsGieryn, Nathaniel Thomas
Source SetsUniversity of Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Formatelectronic
RightsCopyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works.

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