Kingscote Airport Business Case Appendices - Kangaroo Island ...

Kangaroo Island Futures Authority Draft Economic Impact of Agriculture and TourismThe GRIT method involves determining those sectors and, in some cases, cells that are ofparticular significance for the analysis. Research resources are targeted to data gathering inthese areas. For the remainder of the table, the aim is for it to be 'holistically' accurate (Jensen1980). That means the table provides a generally accurate representation of the economy, butdoes not guarantee the accuracy of any particular cell.Sources of data for the regional I-O model included:• Australian Bureau of Statistics (ABS)oooooo2011 Census of Population and Housing (ABS 2012c);Australian National Accounts, 2011/12 State Accounts (ABS 2012d);Australian National Accounts, Input-Output Tables - Electronic Publication2008/09 (ABS 2012e)2011 Agricultural Census (ABS 2012f) and AgStats data for 2010/11 (ABS2012g);2009/10 Household Expenditure Survey (ABS 2011a);Regional Population Growth, Australia (ABS 2012a);• Department of Employment and Workplace Relations (DEWR 2012); and• Australian Taxation Office (ATO 2012).Based on work undertaken by Mangan and Phibbs (1989), the I-O model developed for thisproject was extended as a demographic-economic (DECON) model. The two key characteristicsof the DECON model, when compared with a standard economic model, are as follows.• The introduction of a population ‘sector’ (or row and column in the model) makes itpossible to estimate the impact on local population levels of employment growth ordecline.• The introduction of an unemployed ‘sector’ makes it possible to account for theconsumption-induced impact of the unemployed in response to economic growth ordecline.A range of data for construction of the DECON model was obtained from the Australian Bureauof Statistics’ 2011 Census of Population and Housing (using the ABS TableBuilder database).Another aspect of the I-O models developed for this project was the inclusion of an additionalcolumn in the final demand quadrant of the model, namely a profile of sales of goods andservices to visitors to the region (i.e. expenditure by tourists). The following method and datasources were used to estimate a profile of tourism expenditure (or sales to final demand) onKangaroo Island for 2011/12 (see also Table 2.1).• The base data for 2011/12 were sourced from Tourism Research Australia (TRA)(www.tra.australia.com). These data were supplemented with information obtainedfrom TRA (pers. comm.).e c o n s e a r c hPage| 4