Kingscote Airport Business Case Appendices - Kangaroo Island ...

Kangaroo Island Futures Authority Draft Economic Impact of Agriculture and TourismTable 6.5Economic contribution of the agriculture value chain to the Kangaroo Islandeconomy in 2011/12 aValue of Output b Gross regionalproductEmployment$m $m fteDirect ImpactAgriculture 69.4 30.8 639Processing 4.7 1.0 8Retail 2.2 1.3 21Food services 1.5 0.7 8Total Direct Impact 77.8 33.9 676Flow-on ImpactServices to agriculture 1.6 10Other manufacturing 0.6 6Wholesale trade 2.8 20Retail trade 2.1 33Accommodation and food services 2.1 24Transport and storage 1.5 15Finance and insurance 1.9 5Ownership of dwellings 3.5 0Property and business services 3.0 26Education 0.6 8Health and community services 1.0 15Personal services 0.8 15Other sectors 3.0 20Total Flow-on Impact 24.4 196Total Impact 58.3 872Regional total 216.8 2,330Proportion of regional total 27% 37%abDollar values in the table are expressed in 2012 dollars.Flow-on and total output impacts are not reported as there are problems with double counting which can givea misleading impression of the significance of individual industries. For example, the value of livestockprocessed locally is included in both the processing and agriculture sectors. If the two values were addedtogether the farm-gate value of livestock would be included twice.Source: ABS 2012g and EconSearch analysisThe Kangaroo Island agriculture value chain was estimated to generate a total GRP impact ofapproximately $58.3m in 2011/12. Agriculture was estimated to directly generateapproximately $30.8m in GRP whilst downstream impacts (i.e. processing and retail/foodservice trade) generated an additional $3.0m in GRP. Flow-on GRP in other sectors of theKangaroo Island economy was estimated to be approximately $24.4m in 2011/12,concentrated in the retail and wholesale trade, transport and storage, property and businessservices and ownership of dwellings sectors.There was also significant activity generated in some of the hospitality and social servicesectors with the accommodation and food services, education, health and personal servicese c o n s e a r c hPage| 23