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Tourism and Travel Commons

Open Access. Powered by Scholars. Published by Universities.®

2007

University of Central Florida

Economic impact

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Full-Text Articles in Tourism and Travel

Evaluating Short-Term Tourism Economic Effects In Confined Economies: Conceptual And Empirical Considerations, Robertico Croes, Denver E. Severt Jan 2007

Evaluating Short-Term Tourism Economic Effects In Confined Economies: Conceptual And Empirical Considerations, Robertico Croes, Denver E. Severt

Rosen Faculty Scholarship and Creative Works

Given the necessary involvement of government with the tourism product, accountability for government's expenditures of tax dollars is of increasing importance. This paper discusses the literature for three types of analyses that governments can use to ascertain the effectiveness of their spending of tax dollars to promote a tourism destination. The shortcomings and benefits for each method are discussed. Conclusions based on the type of method chosen require that the user understand the specific context, time horizon and their need for the study. For the case study presented in this paper, the context of a confined area, the time horizon …