Microsoft Word 2007 ichrie conference Proceedings Final-Final 06-06-07. doc

 
2007 Annual International CHRIE Conference & Exposition 
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consumption into the multiplier. The Type III multipliers measure the direct and indirect, and induced effects where 
the induced effect is based on population. A fundamental problem with the Type III multipliers is that a change in 
the economy may have been a change in productivity or unemployment and does not always result in increase in 
population (Minnesota IMPLAN Group, Inc. 2006). Indeed, for service-intensive exports such as recreation and 
tourism, Type II multipliers are preferred over Type III. Thus, this study used Type II multipliers retrieved from the 
IMPLAN system. 
Table 3 summarizes the total economic impact effects of non-resident visitor spending along the Parkway. 
Non-resident travel parties of the Parkway provided $2632.36 million in direct expenditures in the regional 
economy. The establishments also generated an additional $3,252.96 million in indirect and induced sales for a total 
of $5,885.32 million in total industrial output. The total value-added to the Parkway resulting from total sales was 
estimated to be $4,922.77 million. Finally, during the year of 2006, in the surrounding counties of the Blue Ridge 
Parkway, $3,441.18 million in total income and 134,262 full and part-time jobs were estimated and contributed by 
Parkway non-resident visitors. 
Table 3