Abstract
This article analyzes their university backgrounds. Tourism can promote job growth and income growth in regional economies. Policymakers in the regional government promote tourism to bring outside money into the local economy. Using accommodation tax revenue data published by the South Carolina Department of Revenue, this paper estimates the employment impact of tourism spending in South Carolina counties. The OLS regression results show that increased tourism spending, as measured by the accommodation tax, leads to increased total county employment, increased county employment in the accommodation sector (NAICS 721), increased county employment in full-service restaurant sector (NAICS 7221) and increased county employment in arts, entertainment, and recreation sector (NAICS 71).
Highlights
Tourism can promote job growth and income growth in regional economies
The which looks at the relationship between employment in the coefficient, 0.000005, means every additional $1 million in accommodation section, NAICS 721, and accommodation accommodation spending creates 5 additional jobs in the spending
Several smaller counties have missing data due to accommodations sector. These results fall short of the confidentiality requirements of the County Business Thompson (2007), the 5 additional jobs created in the Patterns data
Summary
Tourism can promote job growth and income growth in regional economies. Policymakers in the regional government promote tourism to bring outside money into the local economy. Tier 1 industries service restaurant sector (NAICS 7221), drinking places receive close to 100% of their revenue from tourists while Tier (NAICS 7224) and arts, entertainment and recreation sector (NAICS 71) All county and state-level employment data were https://ijbassnet.com/ US Census Bureau’s estimates of county level data on the amount of accommodations tax revenue population and state population were used.
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