...Economic impacts of Tourism Page # 1 Economic Impacts of Tourism Daniel J. Stynes Businesses and public organizations are increasingly interested in the economic impacts of tourism at national, state, and local levels. One regularly hears claims that tourism supports X jobs in an area or that a festival or special event generated Y million dollars in sales or income in a community. “Multiplier effects” are often cited to capture secondary effects of tourism spending and show the wide range of sectors in a community that may benefit from tourism. Tourism’s economic benefits are touted by the industry for a variety of reasons. Claims of tourism’s economic significance give the industry greater respect among the business community, public officials, and the public in general. This often translates into decisions or public policies that are favorable to tourism. Community support is important for tourism, as it is an activity that affects the entire community. Tourism businesses depend extensively on each other as well as on other businesses, government and residents of the local community. Economic benefits and costs of tourism reach virtually everyone in the region in one way or another. Economic impact analyses provide tangible estimates of these economic interdependencies and a better understanding of the role and importance of tourism in a region’s economy. Tourism activity also involves economic costs, including the direct costs incurred by tourism businesses...
Words: 11443 - Pages: 46
...Economic Impact Analyses analyze the economic effects of a particular project in a particular area. This analysis can cover a region as small as a neighborhood and as large as the world. The main variables analyzed include revenue, profits, wages, and jobs. They consider the direct impact the economic impact has on an area as well as indirect impacts. For instance, you can analyze the total number of employees a firm will hire if it builds a new factory. You can also analyze what this increase in employment will do to other non-related industries in the area. These newly employed workers will have more money to spend at a local store which will in turn create more profits and potentially more jobs. It typically analyzes activity before the project and after the compare the changes and the impact of the project. This is typically done by measuring the difference in economic activity assuming the economic event occurs and then assuming it does not occur. This is called the counterfactual case. An economic event can be defined as a new business moving into a region, a new policy or government program, or any other activity that produces some sort of profit. This is useful to determine if a particular project is worth investing in (Southwestern Oklahoma State University, 2012) . The main types of impact analysis include output impact, value added impact, labor income impact, and employment impact. There is also a property value impact. An output impact measure the total increase...
Words: 2004 - Pages: 9
...Economic impact approaches Page #1 Approaches to Estimating the Economic Impacts of Tourism; Some Examples Daniel J. Stynes Updated January 1999 Introduction The purpose of this bulletin is to present examples of different approaches to estimating the economic impacts of tourism. In a previous bulletin (Stynes 1997), I summarize economic impact concepts and methods as they apply to tourism. Here we apply the methods to illustrative cases in order to demonstrate some practical approaches. Three specific examples are presented. These represent a range of alternatives for estimating the economic impacts of visitor spending. The techniques covered range from methods based largely on judgement, to methods that utilize secondary spending data and published multipliers, to the use of visitor surveys and input-output models. A third bulletin in this series discusses survey methods for measuring visitor spending and includes sample spending instruments. While the construction and operation of tourist facilities also has economic impacts, we will restrict our attention here to the impacts of visitor spending. Review of Basic Approach and Levels of Analysis The economic impact of visitor spending is typically estimated by some variation of the following simple equation: Economic Impact of Tourist Spending = Number of Tourists * Average Spending per Visitor * Multiplier This equation suggests three distinct steps and corresponding measurements or models: (1) Estimate the change...
Words: 9518 - Pages: 39
...The Rise of “Economic Consequences” – Notes The impact of accounting reports on decision making may be the most challenging accounting issue of the 1970s. By Stephen A. Zeff Notes by Tyler Shivers Introduction There are increasing “outside forces” in the standard setting process since 1960s. Two parallel developments marking this trend * Individuals and groups rarely had shown interest in setting accounting standards but then started intervening actively & powerfully in the process * New arguments had be brought up and the term “economic consequences” has been used to describe them Economic consequences – the impact of accounting reports on the decision making behavior of business, government, unions, investors, and creditors. * Accounting standards setters must take into consideration of detrimental consequences when deciding on accounting questions. Until recently, accounting policy making was deemed neutral in effect or was considered not responsible. Policy makers have been aware since 1960s that there was a third party intervention issues but not the Economic Consequences argument till 1970s When management began intervening, its true position was probably disguised This is the tactical rhetoric suggested by examination of arguments 1. The traditional accounting model, where management was genuinely concerned about unbiased and “theoretically sound” accounting measurements. 2. The traditional accounting model, where management was really seeking...
Words: 1271 - Pages: 6
...FYC 6620: Program Planning and Evaluation for Human Service Delivery SPRING 2008 |Meeting Time: Thursday 4:05 – 7:05 |Class Location: 1108 McCarty B | | | | |Instructor: David Diehl, Ph.D. – Assistant Professor, Program Planning|Office Hours: By appointment | |and Evaluation | | | |E-mail: dcdiehl@ufl.edu (please do not use the E-Learning e-mail) | |Office: 3038 McCarty Hall D |Course Listserv: SPRING-2205-L@lists.ufl.edu | |392-1778 x278 | | | | | Course Description: Program Planning and Evaluation for Human Service Delivery is a three-credit-hour course that teaches students the philosophy, theory, and process of planning and evaluating...
Words: 1807 - Pages: 8
...RUNNING HEAD: SOURCE MEMORY AND THE IMPLICATION OF THE PAST, PRESENT AND FUTURE Memory has a multitude of facets that comprise what a memory is and how a memory is characterized. Some memories are recollections, hazy moving pictures; some are unconscious working memories, while others are a bit more in depth. A source memory is a type of memory in which we remember who, what, where, when and how of a specific event. It is what gives our memories relative meaning to both time and the significance of the events that occurred in our life. A memory is generally meaningful regardless, but when we can recollect the sources of that memory, it fine tunes the events surrounding it as well as future recollections. The ability to source our memories comes full circle within our lifetime, developing in early adolescence throughout early and late adulthood, and eventually the ability becomes more tasking for our cortex within old age. Time is one of life’s few constants, a never ending stream of information in this space-time continuum. The ability of our mind to capture moments of this past in an almost capsule like photograph is astounding, being able to source these times shows how powerful memory is and the capture of moments in this never-ending continuum. Myriads of studies on source memory have been conducted and more recently within the past few decades. The studies herein focus on various source memory tasks throughout age groups, examining the differences...
Words: 2925 - Pages: 12
...some of the latest active safety developments within Volvo Cars. Rear-end collisions are common accident scenarios and a common cause of these accidents is driver distraction and thus not reacting in time. No vehicle system is a substitute for the most important safety feature in any vehicle: the driver. However, Volvo is harnessing innovative technologies to help alert drivers to avoid potential collisions and reduce the potential impact speed when a collision cannot be avoided. One of those systems is Collision Warning with Auto Brake where the area in front of the vehicle is continuously monitored with the help of a longrange radar and a forward-sensing wide-angle camera fitted in front of the interior rear-view mirror. A warning and brake support will be provided for collisions with other vehicles, both moving and stationary. Additionally, if the driver does not intervene in spite of the warning and the possible collision is judged to be unavoidable; intervention braking is automatically applied to slow down the car. This aims at reducing impact speeds and thus the risk for consequences. This system has been verified using innovative CAE methods and practical tests. Finally, it is discussed how the benefit of such systems can be judged from real-life safety perspective using traffic accident statistics. INTRODUCTION Over the years, automotive safety...
Words: 6459 - Pages: 26
...Holoprosencephaly (HPE) is a cephalic disorder that occurs during embryonic development. The disorder prevents the normal separation of the frontal lobe (prosencephalon) into 2 separate bilateral hemispheres. In most severe forms, death occurs prior to birth. In some cases, it can prevent normal facial structure from developing resulting in structural abnormalities of the eyes, nose, and lip. The extent of seriousness of holoprosencephaly varies. The most serious form of HPE is known as alobar holoprosencephaly. Alobar HPE is characterized by no separation in the brain, absent midline structures, and possessing only one ventricle (the lateral and third ventricles are not present). A dorsal cyst is also present in individuals with alobar HPE,...
Words: 2049 - Pages: 9
...answers to why concussions can affect the brain severely. Not only have they examined pro sport stars that have died due to concussions but also serial killers who have died or who are still in prison. Many pro football players suffer from concussions the most, since they do play head-on; the ones who have died from other natural deaths were examined. Some serial killers have also agreed to have their brain looked at for irregular brain function, and in both players and killers, there were either undeveloped frontal lobes or damaged frontal lobes. This was the answer they’ve been looking for not only to keep players safe that play pro sports, but to maybe save people from being a victim of homicide. Pro wrestler Chris Benoit suffered brain damage from his years in the ring and getting hit by metal chairs, rails, stairs, and even baseball bats. Maybe that could help explain why he killed his wife, son and also himself. A doctor who studied Benoit’s brain found out that his frontal lobe was damaged. Chris Benoit was a family man and everyone who knew him apart from wrestling, knew that that was most important to him. When he wasn’t wrestling he was with his family. In the ring he wasn’t so nice and his opponents weren’t either so they hit him with any object near the ring. This caused many head injuries and even some concussions. Studies of his brain show that he had a brain of an 85 year old man with Alzheimer’s disease at the time of his death. These brain damages might have been...
Words: 1184 - Pages: 5
...true and real impact of ADHD is higher, ADHD is thought of as a western condition formulated in response to the western culture. In fact, Chinese culture does not claim ADHD as being in their culture. Studies done in China show 4%-6% prevalence in Hong Kong and Taiwan. ADHD is currently a multifactorial disorder with multiple biological etiologies; genetics being encompassed in this. GWAS, known as the Genome-Wide Association Studies, show that no relation to ADHD and the genome wide level is present. In Theory probed ADHD has a gene association, but it is based on (DA) dysregulation theory dopamine. The medication in which is to relieve ADHD is Methylphenidate. Methylphenidate attaches to the dopamine transporter all of which is located in the presynaptic membrane, the transporter is unable to clear DA from the synaptic area due to this. The process? “Mechanism of action” the medication implicates DA, the etiology of ADHD may be the DA as a neurotransmitter. DA neurons actually travel DA from mid-brain by three pathways; nigrostriatal, mesocorticolimbic and tuberoinfundibular pathways. Inside these pathways, DA actually regulates basal gangua loops as well as cortical loops both structurally and functionally. When this process occurs characteristics of ADHD is produced due to the disruption causing motivational distraught and difficulties in one's character. Two studies involving ADHD students showed neuroimaging identified the rich in dopamine which is the frontal cortical regions...
Words: 1150 - Pages: 5
...Differences and Similarities in Generalized Characteristic Traits among Genders: The Sociopath and Psychopath by Evelyn J. Dotson MS, University of Phoenix, 2015 Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Science Psychology University of Phoenix March, 2015 Abstract Psychopathic and sociopathic general characteristic traits are found in both genders in various populations. More research on the general characteristic traits of females is needed. Research for the female populations will give professionals information about the differences displayed between genders. Different applied sciences will also further their knowledge in treatment options for either tendency. The study used explored if any differences existed between genders with intensified levels of psychopathic traits in regard to psychopathy factor scores. The sample consisted of 2,500 people of both genders (52.6% women) (M=22.15; SD=1.38) from the generalized population, aged 20-24. Results displayed women with psychopathic personality traits had significantly higher levels of behavioral tendencies than men of the same. The genders did display a difference in aggressive behavior. The men showed a significant amount of aggressive behaviors compared to the women. The gender differences displayed in the seven psychopathic features show the variations needed for treatment options. Differences and Similarities in Generalized Characteristic Traits among...
Words: 8016 - Pages: 33
...truly have a major impact within our minds. Gladwell is not only a well known best selling author, having all five of his books on New York times best selling list, but also a respectable journalist. Gladwell introduces his idea of “thin-slicing” through situations with both good and bad outcomes. “Thin-Slicing” is the idea that humans are able to make accurate judgments based on solely a “thin slice” of knowledge. Gladwell’s notion supports humans can make decisions with merely a blink of an eye and be accurate. These snap decisions are made unconsciously. Throughout his book, Gladwell shows that “thin-slicing” is the...
Words: 685 - Pages: 3
...Terry Lee PSY/360 April 15, 2012 Stacy Page Introduction The human brain has numerous functions that include coordination of body functions, reasoning ability, and cognition. In order for human beings to carry out their day to day activities, it is critically essential that the brain functions normally. Cognition is one of the most important aspects of psychology and it refers to the various mental processes. Prior to Phineas Gage’s famous accident in 1848, neuroscientists strongly believed that the brain’s role in cognitive functioning was minimal. (Scheffer, 2005)However, after the extensive research that was inspired by his accident, this perception changed and presently, the role of brain in cognitive functions cannot be underrated. Overview of Phineas Gage Accident Working for a big construction company in the year 1848, Phineas Gage was skilled in performing numerous tasks in any construction site. He had even been entrusted by his employees as a foreman in the construction site as a result of his experience and illustrious character. On that fateful day while working on a construction project in Vermont, Phineas Gage sustained a horrific injury to his brain when a huge metallic rod accidentally penetrated through his skull. (Fleischman, 2004) The magnitude of the damage caused by this injury was there for all to see; the metallic rod had left a gaping hole in Gage’s skull. Amazingly, Phineas Gage survived the accident. However, this injury completed changed his...
Words: 942 - Pages: 4
...60 Academy of Management Perspectives February A R T I C L E S Leadership and Neuroscience: Can We Revolutionize the Way That Inspirational Leaders Are Identified and Developed? by David A. Waldman, Pierre A. Balthazard, and Suzanne J. Peterson Executive Overview Recent advances in the field of neuroscience can significantly add to our understanding of leadership and its development. Specifically, we are interested in what neuroscience can tell us about inspirational leadership. Based on our findings, we discuss how future research in leadership can be combined with neuroscience, as well as potential neurofeedback interventions for the purpose of leadership development. We also consider ethical implications and applications to management-related areas beyond leadership. L eadership development is a multibillion-dollar industry, with in-house as well as external consulting groups offering leadership development techniques and programs for their clients. The efficacy of traditional leadership development methods, however, has recently been called into question (Haines, 2009), with many researchers recognizing the need to go beyond traditional leadership assessment methods, which typically involve evaluating leader behaviors and qualities through some sort of survey process through which followers or peers rate a leader’s effectiveness. In particular, recent advances in neuroscience are expanding our understanding of behavior and learning...
Words: 9673 - Pages: 39
...Attention Deficit Hyperactivity Disorder The economic burden of ADHD 4/9/2010 DeVry University Angela Cawein Do you have trouble staying on task or completing projects you have started? Do you procrastinate to the point that things are not completed? Do you often lose or misplace items or have difficulty remembering appointments? Do you always run late to work or appointments and feel like you can never get caught up? Do you find that it is almost impossible to sit still? Do you get easily distracted by noises and forget what you were doing? Allen a first grade student at Triton Elementary School does not like school. He cannot sit in his seat for more than five minutes. He is always interrupting class with strange noises, getting out of his seat, throwing objects, sharpening his pencil and touching people around him. Allen has been noted by his teachers to blurt out answers to questions before they have been completed. He intrudes on other children’s activities, but seems to have adequate social skills. He has a history of not completing activities, being disorganized, easily distracted and has trouble paying attention to tasks or play activities. Allen has been motor-driven, defiant of rules, a poor sleeper, and inattentive to direction. He also has long been in trouble for disobeying authority. Allen and over four million children in the United States have been diagnosed with ADHD. The economic burden of ADHD to society, medical costs, employment and...
Words: 3267 - Pages: 14
