Kingscote Airport Business Case Appendices - Kangaroo Island ...

Kangaroo Island Futures Authority Draft Economic Impact of Agriculture and TourismTable 7.11 Agricultural impact: moderate growth scenario, 8 years to 2019/20Value of Output b Gross regionalproductEmployment$m $m fteDirect ImpactAgriculture 27.8 14.2 100Processing 1.6 0.6 1Retail 0.8 0.3 4Food services 0.5 0.2 1Total Direct Impact 30.7 15.3 107Flow-on ImpactServices to agriculture 0.5 3Other manufacturing -0.2 2Wholesale trade 0.8 6Retail trade 0.7 11Accommodation and food services 0.3 5Transport and storage 0.4 4Finance and insurance 0.6 1Ownership of dwellings 0.9 0Property and business services 0.8 7Education 0.1 2Health and community services 0.2 3Personal services 0.2 4Other sectors 1.5 25Total Flow-on Impact 7.0 74Total Impact 22.3 181Regional total 216.8 2,330Proportion of regional total 10% 8%Source: EconSearch analysisWith the aid to the Kangaroo Island RISE model, the economy wide impacts of the agriculturalmoderate growth scenario were estimated showing, in summary an increase in direct andflow-on:• GRP of approximately $22.3 million (10 per cent growth on 2011/12); and• full-time equivalent (fte) employment of 181 fte jobs (8 per cent growth on 2011/12).7.2.4 Economic contribution of agriculture – high growth scenarioThe impacts of the high growth scenario are detailed on a commodity-by-commodity basis inTable 7.12 and summarised below:• Increase in farm gate GVP by $64m (93 per cent)• Increase in direct GRP by $31m (102 per cent)e c o n s e a r c hPage| 40