On Economic Impact of City Park Development

Abstract

The major purposes of this paper are:
1) to clarify the influence caused by the investment of city park development works
2) to make clear how the investment can contribute to regional development, and
3) to present a new system of city parks and to propose new policies in order to promote economic development of the region and to increase the demand for construction materials. The method employed here is to grasp the multiplier effect of city park works through the analysis of construction documents and the use of the inter-industry relations tables. The multiplier effect is also analyzed by comparing other public works such as road construction, riparian works and swerage and water supply works.
Regarding economic influence of city park development, following points are considered to be important:
1) City park development requires a great variety of construction materials.
2) Construction materials differ according to the type of city park works.
3) The impact of city park development is greater than that of other public works.
4) Labor cost is relatively high.