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Economic Impact Analysis Recreation Economic Assessment System Banner

Recreation Economic Assessment System (REAS)

    REAS is our latest model for conducting economic impact analysis. REAS was designed to provide a simpler, yet accurate, way of applying appropriate multipliers to spending and visitation data. This model was originally developed at Michigan State University's Park, Recreation and Tourism Resources Department. The research team at ERDC has modified the model to accommodate specifically for Corps applications. The key features of this model are:

  • Automated calculation, saving, printing, and charting using Visual Basic Macros.
  • Summary report- Model automates converting results into a short report.
  • Detailed estimates of direct effects for sales, jobs, income and value added.
  • Aggregate estimates for all secondary effects.
  • Marginal effects- Report impacts per thousand dollars of visitor spending and per 1,000 person-trips.
  • Tax effects of direct sales and income.
  • Charts for spending and visitation data.
  • Built-in spending profiles- Model provides sets of spending profiles from past surveys.
  • Built-in visitation data- Model provides visitation data estimated from NRMS database for every project, District, and Division.
  • Sector-specific multipliers- model provides four sets of "generic" multipliers for 12 sectors that were estimated from IMPLAN.
  • Model handles margins and local productions for purchases on goods.

    Click here to download REAS model and manual.

 
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