AN EVALUATION METHOD OF ECONOMIC IMPACTS THROUGH SIGHTSEEING DEMAND MODEL

Application to Trunk Road Network Improvement in Nara

Abstract

Tourism has become one of the largest and most rapidly growing in the local economy, so the investment in tourism such as sightseeing-related transportation facilities has to assess sufficiently. Especially, in an area that tourism is a main industry, it is necessary to examine not only cost-benefit ratio but also local economic impacts of tourism accurately. The first aim of this paper is to propose a forecasting system of sightseeing demand that should varies by the sightseeing-related trunk road projects. To evaluate the effect of the sightseeing-related trunk road projects, a revised Input-Output approach is proposed. Finally, we try to evaluate the economic impact by the Kei-Na-Wa trunk road project.