Economic Impact Studies: Instruments for Political Shenanigans? Academic Article uri icon

abstract

  • Most economic impact studies are commissioned to legitimize a political position rather than to search for economic truth. Often, this results in the use of mischievous procedures that produce large numbers that study sponsors seek to support a predetermined position. Examples are selected primarily from the reports of ostensibly expert consultants that illustrate 10 of these mischievous procedures: including local residents; inappropriate aggregation; inclusion of time-switchers and casuals; abuse of multipliers; ignoring costs borne by the local community; ignoring opportunity costs; ignoring displacement costs; expanding the project scope; exaggerating visitation numbers; and inclusion of consumer surplus. The political payoff of these shenanigans is discussed.

published proceedings

  • Journal of Travel Research

altmetric score

  • 32.3

author list (cited authors)

  • Crompton, J. L.

citation count

  • 190

complete list of authors

  • Crompton, John L

publication date

  • August 2006