The economic impact of CFB Esquimalt upon the Capital Regional District, British Columbia

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dc.contributor.authorRioux, Joseph Jean Marcen_US
dc.date.accessioned2024-08-15T17:39:49Z
dc.date.available2024-08-15T17:39:49Z
dc.date.copyright1988en_US
dc.date.issued1988
dc.degree.departmentDepartment of Economics
dc.degree.levelMaster of Arts M.A.en
dc.description.abstractThe present project proposes a more sophisticated model than previously employed in Canada for the study of the economic impact of a military base. The model is applied to the specific case of the normal operations of the regular force at CFB Esquimalt during the fiscal year 1986-87. It provides a framework for the analysis of the income and the employment impact on the Capital Regional District, B.C. Specifically, an income multiplier (K3) is estimated for CFB Esquimalt. K3 is formulated such that the first round propensities to spend locally out of spending infusions at the economic unit being studied are distinguished from these propensities at subsequent rounds in the community at large. K3 is an amalgam of two other multipliers (Ki and K2) which assume, in different ways, that the propensities to spend locally out of incremental income are the same for the particular economic unit and for its host community. The value of K3 is estimated at 1.85 using the minimum requirements technique. Using the alternative location quotient technique, an upper bound value of 2.14 is estimated. The total gross injection of spending by the base into the regional economy is $258.89 million for 1986-87. Multiplying this value by K3 yields an estimated total impact in terms of regional income generated outside of the defence sector in the order of $220 million. The upper bound estimate of this impact ls approximately $295 million. Finally, K2 ls converted into an employment multiplier to find the effect on regional employment. The estimated value of the employment multiplier is 2.14 with an upper bound value of 2.52. It is estimated that the economic activities under investigation create approximately 16500 jobs (7722 at the base and around 8800 elsewhere in the region). The upper bound estimate of the employment impact is found to be no more than 19460 jobs.
dc.format.extent109 pages
dc.identifier.urihttps://hdl.handle.net/1828/19458
dc.rightsAvailable to the World Wide Weben_US
dc.titleThe economic impact of CFB Esquimalt upon the Capital Regional District, British Columbiaen_US
dc.typeThesisen_US

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We acknowledge and respect the Lək̓ʷəŋən (Songhees and Esquimalt) Peoples on whose territory the university stands, and the Lək̓ʷəŋən and W̱SÁNEĆ Peoples whose historical relationships with the land continue to this day.