Palm Beach County (Fla)--Economic conditions

An Economic Impact Statement was developed in accordance with section 120.54 Florida Administrative Code to determine the costs and benefits associated with the proposed movement of the Palm Beach County Coastal Construction Control Line. A benefit/cost model was developed to measure the available data. The benefit/cost analysis will be provided to policy makers as an aid to clarifying the net costs and benefits of the proposed rule amendment on society.

An input-output model was applied to 1972 Florida Gold Coast
regional data, by reducing the 1967 National Input-Output
table using the simple location quotient technique of
Schaffer and Chu. Input-Output theory and several location
quotient techniques were presented prior to the actual
exposition of the Gold Coast model. Examples of applications
of the model to problems of the region, such as the impact of
tourism and housing developments were presented, along with
results of the model, and a multiplier analysis of the Gold
Coast region.