21 Pages Posted: 24 Oct 2016
Date Written: October 20, 2016
We estimate the total economic impact of Airbnb on the New Orleans economy for 2015. Total economic impact is the sum of (1) the “direct effect” of spending on rent, food and beverages, transportation, and the like, (2) the “indirect effect,” where sectors which form the supply chain of these industries increase their purchase to fill this demand, and (3) the “induced effect,” where local incomes are spent and respent locally.
Keywords: Airbnb, Economic Impact Study, New Orleans
JEL Classification: R11
Suggested Citation: Suggested Citation
Levendis, John and Dicle, Mehmet F., The Economic Impact of Airbnb on New Orleans (October 20, 2016). Available at SSRN: https://ssrn.com/abstract=2856770