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Economic and Fiscal Impacts of a Retirement/Recreation Community: A Study of Tellico Village, Tennessee

Published online by Cambridge University Press:  28 April 2015

Paul B. Siegel  and
Frank O. Leuthold
Paul B. Siegel
Affiliation:
Department of Agricultural Economics and Rural Sociology, The University of Tennessee, Knoxville, TN. 37901-1071
Frank O. Leuthold
Affiliation:
Department of Agricultural Economics and Rural Sociology, The University of Tennessee, Knoxville, TN. 37901-1071
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Abstract

Retirement/recreation communities (RRCs) have been promoted as a way for some rural regions to develop their economies. RRCs can have substantial economic impacts (changes in employment and income) and fiscal impacts (changes in local government revenues and costs) on rural communities. Because the magnitude and direction of these impacts are site-specific, assessments of RRCs as a rural development strategy should consider both the economic and fiscal impacts for a given region. This paper presents a case study of the economic and fiscal impacts of Tellico Village on Loudon County, Tennessee.

Keywords

Retirement communityeconomic and fiscal impactsrural development
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 25 , Issue 2 , December 1993 , pp. 134 - 147
Copyright
Copyright © Southern Agricultural Economics Association 1993

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