An economic model comparison of EMSI and IMPLAN

Sungsoo Kim and Chad R. Miller
Additional contact information
Sungsoo Kim: University of Southern Mississippi, USA
Chad R. Miller: University of Southern Mississippi, USA

Tourism Economics, 2017, vol. 23, issue 5, 1124-1130

Abstract: Economic Modeling Specialist International (EMSI) model is a common economic development research tool that has begun to be utilized for tourism research. Therefore, it is important to examine the differences between the EMSI model and the commonly used Impact Analysis for Planning (IMPLAN) model. The multiplier effects of the default version of EMSI and IMPLAN were compared using data obtained from a visitor expenditure survey of the Jackson Mississippi Mistletoe Marketplace. The results revealed that IMPLAN estimated larger multiplier effects (both type I and type II) than EMSI for the total output and employment (job supports).

Keywords: economic impact; EMSI; IMPLAN; regional economic model (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/1354816616656420 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:23:y:2017:i:5:p:1124-1130

DOI: 10.1177/1354816616656420

Access Statistics for this article

More articles in Tourism Economics
Bibliographic data for series maintained by SAGE Publications ().