Title

An Economic Model Comparison of EMSI and IMPLAN: Case of Mistletoe Marketplace

Document Type

Article

Publication Date

8-2017

Department

Economic and Workforce Development

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).

Publication Title

Tourism Economics

Volume

23

Issue

5

First Page

1124

Last Page

1130

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