Economic Value of Ireland's Historic Environment - The Heritage ...

composition of the workforce in the construction sector 70 - full-time (1 FTE) and part-time employees (0.5
FTE).
Multiplier effects arising as a result of this construction sector output have similarly been calculated by
reference to the Irish national input-output tables (2005). The output multiplier for the Construction
sector, as presented in the Irish input-output tables, is estimated at 1.83 71 . A similar estimate is not
available for employment and GVA multipliers and we have therefore used an approximation based on
the multipliers developed for the Construction sector in Scotland. In summary:
GVA multiplier = 1.93, calculated as [Output multiplier in Ireland (1.83)/ Output multiplier in Scotland (1.9)]
multiplied by GVA multiplier in Scotland – 2.0
Employment multiplier = 1.83, calculated as [Output multiplier in Ireland (1.83)/ Output multiplier in
Scotland (1.9) multiplied by employment multiplier in Scotland (1.9)
These derived multipliers may then be applied to the values for direct effects to produce estimates of total
economic impact for the Built Heritage Construction Sector in Ireland.
Table A2.3 Built Heritage Construction Sector: Economic Impacts
Direct
Indirect/
induced
Multiplier
Total
Output (€m) 755 624 1.83 1,379
Employment (FTE) 9,820 8,151 1.83 17,971
GVA (€m) 378 350 1.93 727
Source: Ecorys analysis, incorporating Irish Input-Output tables
Tourism-related Impacts
Estimates for the economic impact of the historic environment to tourism in Ireland have been closely
informed by available tourism expenditure data supplied by Fáilte Ireland. While the exact proportion of
tourism expenditure which is principally attributable to the historic environment remains unknown, in light
of a number of recent studies and available survey evidence we would suggest that a figure of
approximately two-fifths (18%) of total tourism expenditure represents a reasonable, if cautious, estimate
of the importance of the HE sector in attracting visitors to Ireland. Although the concept is theoretical, the
implication is that without the range and quality of Ireland's historic environment assets, Ireland would
attract 40% less tourism expenditure amongst those engaging in historical/ cultural activities (and 18%
less of total out of state tourism expenditure). Without the appeal of the historical environment, Ireland's
other attractions would not be enough for this share of visitors to choose Ireland over other destinations.
70 Business Register and Employment Survey, 2010 (Great Britain) – comparable data is not available for the
Republic of Ireland
71 Table 5, 2005 Supply and Use and Input and Output Tables
http://www.cso.ie/en/media/csoie/releasespublications/documents/economy/2005/inputoutput05.xls
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