The Economic Impact of Airbnb on New Orleans

21 Pages Posted: 24 Oct 2016  

John Levendis

Loyola University New Orleans

Mehmet F. Dicle

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business

Date Written: October 20, 2016

Abstract

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

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

John Levendis

Loyola University New Orleans ( email )

6363 St. Charles Ave., box 15
New Orleans, LA 70118
United States

Mehmet F. Dicle (Contact Author)

Loyola University New Orleans - Joseph A. Butt, S.J. College of Business ( email )

6363 St. Charles Avenue
New Orleans, LA 70118
United States

HOME PAGE: http://researchforprofit.com

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