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Resources 2016, 5(4), 48; doi:10.3390/resources5040048

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

School of Business, Accounting and Law, CQUniversity, 160 Ann Street, Brisbane, Queensland 4000, Australia
Academic Editor: Damien Giurco
Received: 30 September 2016 / Revised: 16 November 2016 / Accepted: 15 December 2016 / Published: 21 December 2016
View Full-Text   |   Download PDF [798 KB, uploaded 21 December 2016]   |  

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. View Full-Text
Keywords: regional development; tourism; input-output analysis; economic impacts; key sectors; procurement regional development; tourism; input-output analysis; economic impacts; key sectors; procurement
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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

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Williams, G. Economic Impacts from Development of the Coastal Town in Queensland on Tourism and Regional Economy. Resources 2016, 5, 48.

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