Little is known about the economic impact of retirees despite the efforts being made to attract retirees in the hope of stimulating sluggish small town economies. A paradigm is required that grasps the various economic inputs and outputs in a community from a retirement population. The conventions of regional economics, especially those from community economic base and social accounts, provide the basis for such a paradigm. Retiree impacts can then be disaggregated into direct expenditures from personal incomes of retirees as well as from income contributed to the community to provide health care and other support services. This direct spending results in indirect impacts through a multiplier effect. The model is demonstrated with data obtained from retirees in three smaller communities. in British Columbia. Results indicate that retirees are an economic blessing for a smaller community.
The debts I have in this regard are many and various and I wish now to express my appreciation to many people) who gave so generously of their support, knowledge, and time. The writer, of course, assumes complete responsibility for any errors of fact or evaluation. This study could not have been initiated or come to fruition without the generous support of the Center for Community Studies at the University of Saskatchewan, where I was privileged to spend a year in residence, and, through them the support of the Central Mortgage and Housing Corporation in Ottawa. Prof. W.B.
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