Economic Impacts from Development of the Coastal Town in Queensland on Tourism and Regional Economy

Galina Williams
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Galina Williams: School of Business, Accounting and Law, CQUniversity, 160 Ann Street, Brisbane, Queensland 4000, Australia

Resources, 2016, vol. 5, issue 4, 1-16

Abstract: This paper discusses the impacts of proposed development projects at Emu Park—a coastal town in Queensland, Australia—on regional economy. The input–output (IO) analysis is used to assess the economic benefits to the region. The economic impacts from the construction stage are identified. The ongoing benefits from the projects to the regional economy due to a potential increase in tourists’ visits are investigated. The regional economy will grow more rapidly if the connections among the tourism related sectors and key industries are encouraged. Local procurement strategies can assist in enhancing the benefits from increased tourism to the region.

Keywords: regional development; tourism; input-output analysis; economic impacts; key sectors; procurement (search for similar items in EconPapers)
JEL-codes: Q1 Q2 Q3 Q4 Q5 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jresou:v:5:y:2016:i:4:p:48-:d:85766

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