The economic impact of two major sporting events in two of the UK’s ‘national cities of sport’

2002 ◽  
pp. 90-101
Keyword(s):  
Economic Impact ◽  
Sporting Events

Hosting annual international sporting events and tourism: Formula 1, golf or tennis?

2021 ◽  
pp. 135481662110290
Author(s):  
Bala Ramasamy ◽  
Howei Wu ◽  
Matthew Yeung
Keyword(s):  
United Kingdom ◽  
Economic Impact ◽  
Sporting Events ◽  
Policy Makers ◽  
Monthly Data ◽  
Mega Events ◽  
Sports Events ◽  
The United Kingdom ◽  
Mega Sports Events

Hosting sports events to attract international tourists is a common policy practised by many host governments. Hosting mega-sports events like the Olympics is said to leave a legacy that could impact the attractiveness of a country/city in the long term. However, the opportunity to host these mega-events is limited and expensive. This study considers the economic impact of hosting annual international sporting events, specifically the extent to which Formula 1, ATP Tennis and PGA Golf can attract international tourists. Using monthly data from 1998 to 2018, we show that the effect differs from one sport to another within a country and the same sport across countries. Hosting the Formula 1 is most effective for Canada but has no significant impact in Australia and the United Kingdom. ATP Tennis and PGA Golf have a significant impact on at least two countries. Policy-makers must consider carefully the sport that gives the best bang-for-the-buck.

The Economic Impact of College Sporting Events: A Case Study of Division I-A Football Games

2010 ◽  
Vol 14 (2) ◽  
pp. 157-165 ◽  
Author(s):  
Sangkwon Lee ◽  
John Harris ◽  
Mark Lyberger
Keyword(s):  
Economic Impact ◽  
Division I ◽  
Sporting Events

Economic impact of sporting events

1992 ◽  
Vol 19 (4) ◽  
pp. 700-710 ◽  
Author(s):  
Barry Burgan ◽  
Trevor Mules
Keyword(s):  
Economic Impact ◽  
Sporting Events

Utilizing trade market analysis to identify the economic impact of a multiday special event in Miami Beach, Florida

2018 ◽  
Vol 25 (2) ◽  
pp. 253-273 ◽  
Author(s):  
Eric Beckman ◽  
Mark Traynor
Keyword(s):  
Economic Impact ◽  
Positive Impact ◽  
Market Analysis ◽  
Measurement Tool ◽  
Sporting Events ◽  
Local Stakeholder ◽  
Special Event ◽  
Special Events ◽  
Rural And Urban ◽  
Trade Market

Many events occur each year in rural and urban communities. Some of these events include sporting events and festivals (music, food/beverage, heritage, and art). Some of these events occur for 1 day, but many of these events occur multiple days and are considered “special events.” Determining the positive impact of these special events on local communities is critical to the success of the event and helps to gain local stakeholder approval and acceptance for recurring annual events. The current study surveyed attendees (locals and tourists) at a 5-day special event (festival) in Miami Beach, Florida. Locals and tourists were identified utilizing a new trade market analysis methodology, which was applied to the survey respondents and assessed as a relevant measurement tool for the unique destination. The researchers then estimated the economic impact (using noncasual tourists) to determine the value of the festival to stakeholders in Miami Beach.

Club Sport National Tournament: Economic Impact of a Small Event on a Mid-Size Community

2009 ◽  
Vol 33 (2) ◽  
pp. 119-128 ◽  
Author(s):  
Frank R. Veltri ◽  
John J. Miller ◽  
Aaron Harris
Keyword(s):  
United States ◽  
Economic Impact ◽  
The United States ◽  
Local Economy ◽  
Sporting Events ◽  
Big Business ◽  
Fort Collins ◽  
Division Ii ◽  
Positive Effect ◽  
Club Sport

Recreational sporting events are big business and cities throughout the United States are competing fiercely to host events (Saayman, & Saayman, & du Plessis, 2005). March (1984) suggested that the reason why smaller sporting events have received relatively little attention is because it is assumed that they are economically less significant. The purpose of this study was to estimate the economic impact of hosting a club sport national tournament on a midsize community. The current study estimates the economic impact of hosting the American Collegiate Hockey Association (ACHA) Division II National Championship. The survey consisted of 105 questionnaires that were completed during the three day tournament of which all 105 were used. The findings of the survey indicated that hosting a national tournament can have a positive effect on the local economy. It was estimated that nearly $2 million of new money may have been injected into the community of Fort Collins, Colorado. This research provides midsize cities with information to justify hosting one-time events and working favorably with the community university.

scholarly journals Analysis of the economic impact on a sporting event. Nea regional college games. 2019 edition

2021 ◽  
pp. 251-273
Author(s):  
Eva Muguerza ◽  
Natalia Ojeda ◽  
Tania Elizabet Ruff ◽  
Francisco Mauricio Rosenfeld y Sommer
Keyword(s):  
Economic Impact ◽  
The United States ◽  
Sporting Events ◽  
Public And Private ◽  
Sports Organizations ◽  
Goods And Services ◽  
Regional College ◽  
Private Demand ◽  
The Subject ◽  
The Impact

This work is a contribution to the economics field of sport, considering the objective main application of the input-output model to the assessment of economic impact of a sporting events, taking as a case study "Regional University Games NEA 2019". In addition, it is proposed to study the different dimensions of the event's legacy, directly associated with the concept of impact. Thus, this model makes it possible to evaluate the impact of a specific public policy or private demand to stimulate economic activity through a specific sector, sport in this case. To do so, they employ the multipliers of the Argentinian input product matrix and surveys to reveal the consumption of the organizers and participants of the event. All this, with the intention of adding rationality criteria to the decisions made by both public and private sports organizations. It is important to mention that this study joins the lines of research widely studied by Salgado Barandela, Barajas and Sánchez Fernández (2017) on the subject developed mainly in Europe and the United States, not having found academic references in Argentina or Latin America on the subject. The results indicate that these games have generated an additional boost to the demand for goods and services of the host city and the generation of both economic and social legacy has been verified.

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