The Economic Impact of NatureBased Tourism

About This Presentation

Title:

The Economic Impact of NatureBased Tourism

Description:

Bay Mills Resort. Brimley, Michigan. May 15, 2003. Road Map ... Natural Resource Jobs Were Lost On a Grand Scale ... 30 percent of jobs and income in ... – PowerPoint PPT presentation

Number of Views:36

Avg rating:3.0/5.0

Slides: 25

Provided by: unkn882

Category:

more less

Transcript and Presenter's Notes

Title: The Economic Impact of NatureBased Tourism

1
The Economic Impact of Nature-Based Tourism

THOMAS MICHAEL POWER
Professor and Chairman
Economics Department
University of Montana
Bay Mills Resort
Brimley, Michigan
May 15, 2003

2
Road Map

A Puzzle What Explains Widely Different Regional
Patterns of Economic Vitality in Non-Metropolitan
Areas?
An Answer Natural Amenities and Recreational
Opportunities
The Evidence
Explaining These Surprising Results

3
(No Transcript)
4
(No Transcript)
5
The Mystery of Economic Vitality in the Mountain
West

It Remains a Frontier, Isolated Area
Natural Resource Jobs Were Lost On a Grand Scale
Jobs Shifted Away from Goods to Services, from
High-Paying to Lousy Jobs

6
(No Transcript)
7
(No Transcript)
8
(No Transcript)
9
Rapid Growth While the Economic Base Declined

Rapid Job Growth
40 jobs gained for each NR job lost
Rapid Population Growth
Instead of people being driven off the land, the
Mountain West was resettled
Fastest Growing Region in the US at the very time
that natural resource industries were collapsing

10
(No Transcript)
11
(No Transcript)
12
(No Transcript)
13
Defining Recreation Counties

30 percent of jobs and income in Entertainment
Recreation, Real Estate, Accommodations, Eating
Drinking Places or
25 housing units seasonal occasional or
Motel Hotel Receipts / Population gt400
Check each to see if it makes sense.
329 non-metro recreation counties out of 2,303.

14
(No Transcript)
15
(No Transcript)
16
(No Transcript)
17
Defining Natural Amenity Counties

Mild Climate Temperature, Humidity, Sunshine
Varied Topography Hills, Mountains
Bodies of Water Lakes, Ponds, Shorelines

18
(No Transcript)
19
(No Transcript)
20
(No Transcript)
21
Economic Changes That Have Increased the
Importance of Amenities in the Local Economic Base

Changes in transportation and communications
technology reduce the costs of isolation.
Changes in what we ask the economy to produce
the shift from heavy industry to light
manufacturing and services.
Increased importance of non-labor income that
moves as people move retirement income
investment income
Rising levels of income and education produce
shifts in preferences
As a Result of All of These, Economic Activity
Has Become More Footloose

22

23
Nature-Based Recreations Dual Punch

Draws Temporary Visitors to an Area
Employment and Income Impacts of Expenditures
Introduces the Areas Special Qualities and
Characteristics to Outsiders
Lays the Basis for Amenity-Based In-Migration
New Permanent Residents
Economic Vitality Associated with New Residents
and the Economic Activity Tied to Them

24

Recreation Counties
Net In-Migration
Substantial Potential for Nature-Based Recreation
to Have Significant Positive Economic Impacts in
the Upper Peninsula

Write a Comment

User Comments (0)