Economics and financing

Cover of Benefits of Road Investment to Assist Tourism
Benefits of Road Investment to Assist Tourism
  • Publication no: AP-R225-03
  • ISBN: 0 85588 662 5
  • Published: 15 July 2003
This study has collected data from Australian state and regional road and tourism authorities on their levels of interaction when deciding on road investments and the impact on tourism. The findings of this survey are similar to those of the US experience found in the 1998 the United States Transportation Research Board through the National Cooperative Highway Research Program (NCHRP) titled "Report 419 - Tourism Travel and Transportation System Development" i.e. whilst tourism data is widely available and used in the regions (notably tourist activities, demographics of tourists and the use of accommodation facilities), there is not a strong link between the use of that data and road investment planning and strategies. This study has also reviewed current models for measuring economic impact of investment activity in Australia. We find that Input-Output modelling provides a readily understood and easy to use, method for estimating the total regional economic impact of tourism, including the impact on all related industries. The success of the model is determined by the quality of the regional data available for analysis, data which could be readily sourced from the regional tourism and road authorities throughout Australia. This report finds that communication and data sharing between road and tourism authorities should be encouraged if the true benefit of road investment for tourism is to be quantifie
  • BENEFITS OF ROAD INVESTMENT TO ASSIST TOURISM
  • PREFACE
  • SUMMARY
  • TABLE OF CONTENTS
  • INTRODUCTION
  • CHAPTER ONE SUMMARY AND IDENTIFIABLE IMPLICATIONS OF REPORT 419
  • CHAPTER TWO THE AUSTRALIAN ROAD INVESTMENT SURVEY
  • CHAPTER THREE REGIONAL MODELLING OF THE ECONOMIC IMPACT OF ROAD INVESTMENT ON TOURISM IN AUSTRALIA
  • CHAPTER FOUR APPLICATION AND CASE STUDY ANALYSIS
  • BIBLIOGRAPHY
  • APPENDIX ONE
  • INFORMATION RETRIEVAL