economic impact direct

  • GRI 203: Indirect Economic Impacts

    Background. An economic impact can be defined as a change in the productive potential of the economy that has an influence on a community's or stakeholder's well-being and longer-term prospects for development. GRI 203 addresses indirect economic impacts, which are the additional consequences of the direct impact of financial transactions and...

  • Economic Impact of Tourism Flashcards | Quizlet

    n the context of economic theory, the income effect is the change in an individual's or economy's income and how that change will impact the quantity demanded of a good or service Voluntary Exchange Voluntary exchange is the act of buyers and sellers freely and willingly engaging in market transactions.

  • Economics of Induced Effects | Bizfluent

    The total economic impact from a project includes not only its direct and indirect effects, but also its induced effects. The direct effect of a project consists, for instance, in the number of direct jobs it creates, and the indirect effects could consist of jobs created at a supplier's factory.


    Direct impact is measured as the jobs, labor income, and gross domestic product ("GDP") within the US retail industry. Indirect impact is measured as the jobs, labor income, and GDP occurring

  • The Growing $1 Trillion Economic Impact of Software | BSA ...

    2. Indirect impacts: The indirect impacts estimate the inter-industry economic activity resulting from the direct contributions (e.g., purchases of inputs). These indirect effects look backward at the linkages of the software industry in the economy, and the demands inputs from other sectors, like real estate and other professional services.

  • Economic Impacts of Tourism Daniel J. Stynes

    Tourism has a variety of economic impacts. Tourists contribute to sales, profits, jobs, tax revenues, and income in an area. The most direct effects occur within the primary tourism sectors --lodging, restaurants, transportation, amusements, and retail trade .

  • IMPLAN, RIMS-II, and REMI Economic Impact Models

    • Local purchase of labor works in the same manner, with workers spending their incomes on all manner of goods and services such as food, clothing, school, housing, and visits to the doctor. • The sum of the direct, indirect, and induced effects equals the total economic impact.

  • Economic Impact | WTTC

    Economic Impact. For more than 25 years we have spearheaded the global analysis of the economic importance of Travel & Tourism, and are the only global organisation that studies and publishes research on the sector's direct, indirect, and induced impact at a national, regional and global level on jobs, GDP, and trade and investment and more recently,...

  • A Review of Economic Impact Studies on Sporting Events ...

    Specifically, the economic impacts of expenditure are composed of direct, indirect, and induced effects. Direct effects are the purchases needed to meet the increased demand of visitors for goods and services.

  • Direct Costs Estimates and Economic Impacts for .

    Direct Economic Impact of Species. Scotch broom is more abundant in western Washington and extremely difficult to eliminate due to its size, dense stands, and because seed can remain viable for at least 30 years. More than half the counties in Washington are considered to have a significant presence of Scotch broom.

  • The economic impact of obesity in the United States

    Aug 30, 2010 · One of the most cited economic impacts of the obesity epidemic is on direct medical spending. Obesity is linked with higher risk for several serious health conditions, such as hypertension, type 2 diabetes, hypercholesterolemia, coronary heart disease (CHD), stroke, asthma, and arthritis.

  • Direct Economic Impact | Event Impacts

    Direct Economic Impact. Direct Economic Impact measures what is sometimes called the 'first round' of spending. In basic terms, this means direct transactions between those outside the host economy and those inside the host economy – for example between a visitor and the owner of a local restaurant.

  • Impacts of tourism - Wikipedia

    The impacts of tourism include the effects of tourism on the environment and on destination communities, and its economic contributions. It has been part off the tourism discourse since the 1970s, with attention growing in recent years due to debates on overtourism. Impacts are not easily categorized, having direct and indirect components.

  • Economic impact analysis - Wikipedia

    In addition to the types of impacts, economic impact analyses often estimate the sources of the impacts. Each impact can be decomposed into different components, depending on the effect that caused the impact. Direct effects are the results of the money initially spent in the study region by the business or organization being studied. This includes money spent to pay for salaries, supplies, raw .

  • Types of Environmental Impacts: Direct, Indirect ...