Monroe County (Fla)--Economic conditions

The state of Florida recognized that the negative effects
of development in the Florida Keys were extending beyond
the local area and affecting the broader interests of the
state itself. In an attempt to regulate growth and its
effects, the state, in 1975, designated the archipelago off
its southern coast an Area of Critical State Concern.
Besides the environmental changes, this designation and its
accompanying land use regulations have t he potential to
create economic impacts. This thesis analyzes the Keys'
economy and determines if the critical area designation
impacted the local economy.

A 1979 input-output model was developed for Monroe County
regional data, by reducing the 1972 National Input-Output
Table using the simple location quotient technique of
Shaffer and Chu. A 1979 economic base model was also developed
for Monroe County using simple location quotients.
Input-output and economic base theory were presented prior
to the actual formulation of the regional models. The economic
structure of Monroe County, the components of the economic
base, and the income multipliers were presented. An
analysis of the economic impact on income in the region by
the components of the economic base under alternative models
is discussed.