Abstract
The largest ecosystem restoration in the world-a $7.8 billion rescue package-is now beginning in the Florida Everglades. This paper examines both the economic impact of the restoration itself and those pieces that are 'missing' from the official project analysis; namely, increased tourism, urban construction, in-migration, and changing agricultural patterns. These pieces comprise a variety of scenarios that are tested for a 45 year planning period with an augmented input-output model derived from a regional SAM. The new output and employment generated by the 'missing pieces', which are small relative to the vast economic base of the region, do represent a considerable increase over the annual growth, especially by the year 2045. We conclude with a discussion of ways in which a growing regional economy might be reconciled with ecosystem restoration.