Mega-Events and Their Impact on the Economy: A Tourism and Economics Analysis PDF Download
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Author: Christoph L. Reiter
Publisher: Lulu.com
ISBN: 0557706343
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
This is the first book of a series about mega-event. Mega-events have multiple effects on the society, the environment, and the economy of a region. This can range from increasing leisure facilities for locals to better infrastructure, but also to economic growth. There are various approaches one has to take to arrive at the point where it is possible to conclude whether the impact of mega-events, like the Olympics, is truly as great as often argued. Having an extensive background in tourism we believe that tourism is the best indicator to see the results of mega-events. Obviously mega-events are not created because of tourism, but the relationship between them is undeniable. One can look at the number of tourists in the years before and after the event and compare them with the numbers of the event year. Further, one can look at the expenditure rates. All this needs to be looked at in the long and short run.
Author: Christoph L. Reiter
Publisher: Lulu.com
ISBN: 0557706343
Category : Business & Economics
Languages : en
Pages : 62
Get Book Here
Book Description
This is the first book of a series about mega-event. Mega-events have multiple effects on the society, the environment, and the economy of a region. This can range from increasing leisure facilities for locals to better infrastructure, but also to economic growth. There are various approaches one has to take to arrive at the point where it is possible to conclude whether the impact of mega-events, like the Olympics, is truly as great as often argued. Having an extensive background in tourism we believe that tourism is the best indicator to see the results of mega-events. Obviously mega-events are not created because of tourism, but the relationship between them is undeniable. One can look at the number of tourists in the years before and after the event and compare them with the numbers of the event year. Further, one can look at the expenditure rates. All this needs to be looked at in the long and short run.
Author: Wolfgang Maennig
Publisher: Edward Elgar Publishing
ISBN: 0857930273
Category : Sports & Recreation
Languages : en
Pages : 641
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Book Description
From the Olympics to the World Cup, mega sporting events are a source of enjoyment for tens of thousands, but can also be a source of intense debate and controversy. This insightful new Handbook addresses a number of central questions, including: How are host cities selected and under what economic conditions? How are these events organized, and how is local resistance overcome? Based on historical and empirical experience, what are the pitfalls for the organizers of these events? What are the potential economic benefits, including any international image effects? How can the costs be minimized and the benefits maximized for host cities and countries? How do these mega events impact the challenges of globalization and what is their environmental legacy? Compiled and edited by two internationally renowned sports economists, the expert contributions elaborate on the specific mechanisms of the bid processes, analyse the determining factors of winning bids, and illustrate how to construct future bid campaigns. Underpinned by case studies from four continents and by theoretical considerations, the reasons for seemingly systemic cost overruns are explored and analysed, as are the effects on national and regional employment and income, property values, non-traditional economic variables (such as psychological and marketing benefits) and urban branding and transformation. The Handbook also reflects on important elements of design of the games in order to better plan, prepare and allocate resources – including, for example, sustainability issues and the use of campaigns to secure positive perceptions. This book provides an up-to-date analysis of the financing and economic impact of mega sporting events, as well as a full discussion of how host cities can maximize the benefits from their experience. As such, it will prove a fascinating read for academics, students, researchers and policymakers with an interest in economics and public sector economics generally, and more specifically, in the economics of sport.
Author: John Armbrecht
Publisher: Routledge
ISBN: 1351722077
Category : Business & Economics
Languages : en
Pages : 154
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Book Description
Events are increasingly used instrumentally to achieve goals of society such as cultural development, destination branding or economic development. Event impacts are, however, routinely measured from a purely economic perspective. Event Impact fills an important niche and a void in the literature on events by taking a holistic approach, incorporating issues like value creation, experiential value, value measurement, sustainability and impact assessment. It is one of the first books devoted to comprehensively dealing with the subject of event impacts, combining the ideas of an international group of academics to tackle an expanding area of research that cannot be met by the work of a single researcher. Methodological concepts such as triple impact assessment, cost–benefit analysis, travel cost method and Q-sort are combined, applied and tested in an event context, creating a unique book that broadens and deepens our knowledge about event impacts theoretically, methodologically as well as empirically. This book was originally published as a special issue of the Scandinavian Journal of Hospitality and Tourism.
Author: John Horne
Publisher: Wiley-Blackwell
ISBN: 9781405152907
Category : Social Science
Languages : en
Pages : 212
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Book Description
This volume offers a distinctive and timely comparative analysis of the sociological, economic, and political significance of bids for, and the hosting of, sports mega-events throughout the world. A collection by leading international scholars examining sports mega-events, such as the Olympic Games and the FIFA World Cup. Analyses the sociological, economic, and political significance of bids for, and the hosting of, sports mega-events. Explores the costs and benefits incurred by host cities. Focuses on both advanced and developing cities throughout Europe, Asia, North America, Australasia, and South Africa.
Author: Yu-Min Joo
Publisher: Springer
ISBN: 1137531134
Category : Social Science
Languages : en
Pages : 141
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Book Description
This book provides a holistic analysis of South Korea’s strategic use of mega-events in its modern development. It examines the Summer Olympics (1988), the World Expo (1993), the FIFA World Cup (2002), and the Winter Olympics (2018) over the past 30 years of the country’s rapid growth, and across varying stages of economic and political development. It explains how mega-events helped to secure South Korea’s position on the international stage, boost nationalism, propel economic growth in export-oriented national companies, and build cities that accommodate – as well as represent – South Korea’s progress. It thereby highlights the broader implications for today’s global phenomenon of increasing reliance on mega-events as a catalyst for development, while the criticism that mega-events do more harm than good proliferates. The book is ideal for academics, policymakers, and those with an interest in mega-events and their role in the development of non-western countries.
Author: Donald Getz
Publisher: Goodfellow Publishers Ltd
ISBN: 1911635050
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Event Impact Assessment is the first text to develop professionalism for IA and evaluation in these applied management fields. It positions impact assessment within sustainability and responsibility paradigms and recommend goals, methods and measures for planning, evaluation and impact assessment pertaining to events and tourism.
Author: Greg Richards
Publisher: Routledge
ISBN: 0415539617
Category : Business & Economics
Languages : en
Pages : 258
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Book Description
Social impacts are increasingly used as one of the main justifications for staging and funding events, and yet there is very little empirical evidence on the extent to which these impacts are realised by different kinds of events or in different settings. This volume explores the different social aspects of events, looking in particular at the role of events in developing social capital, social cohesion and participation in local communities.
Author: Álvaro Matias
Publisher: Springer
ISBN: 3319149202
Category : Business & Economics
Languages : en
Pages : 268
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Book Description
This book presents a series of studies on the socio-economic impacts of tourism, with a special focus on the determinants of tourism competitiveness at the destination level. The authors offer a systematic overview of this important issue, presenting relevant empirical studies from different parts of the world, based on modern theoretical approaches and adequate analysis tools, in the context of their policy or managerial implications. The first part of the book discusses the analysis and assessment of quantitative tourism impacts on local economies, while the second part focuses on non-material aspects of tourism development, in particular those related to the role of innovation and human resources. The final section highlights the different dynamics often observed in tourism destinations arising from the interaction between tourists and local communities.
Author: Andrew Zimbalist
Publisher: Brookings Institution Press
ISBN: 0815738625
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
Beyond the headlines of the world's most beloved sporting events Brazil hosted the 2016 men's World Cup at a cost of $15 billion to $20 billion, building large, new stadiums in cities that have little use for them anymore. The projected cost of Tokyo's 2020 Summer Olympic Games is estimated to be as high as $30 billion, much of it coming from the public trough. In the updated and expanded edition of his bestselling book, Circus Maximus: The Economic Gamble Behind Hosting the Olympics and the World Cup, Andrew Zimbalist tackles the claim that cities chosen to host these high-profile sporting events experience an economic windfall. In this new edition he looks at upcoming summer and winter Olympic games, discusses the recent Women's World Cup, and the upcoming men's tournament in Qatar. Circus Maximus focuses on major cities, like London, Rio, and Barcelona, that have previously hosted these sporting events, to provide context for future host cities that will bear the weight of exploding expenses, corruption, and protests. Zimbalist offers a sobering and candid look at the Olympics and the World Cup from outside the echo chamber.
Author: Markus Bäder
Publisher: GRIN Verlag
ISBN: 3668225842
Category : Political Science
Languages : en
Pages : 46
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Book Description
Bachelor Thesis from the year 2015 in the subject Business economics - Economic Policy, grade: 1.0, Northumbria University (Newcastle Business School), course: Final Thesis, language: English, abstract: The main objective of this study was to examine the existing economic impact studies on London 2012 after understanding the shortcomings of traditional methods and exploring advanced approaches. In a first step this work has therefore focused on basic economic frameworks, namely Leontief’s IOA and the CBA, which have long been used in the event impact evaluations (Levy & Berger, 2013; Preuss, 2004a). Despite their straightforward application, both models reveal significant shortcomings, including the exaggeration of impacts and inability to address opportunity costs (IOA, cf. Lahr & Stevens, 2002) or specific economic situations (CBA, cf. Késenne, 2005). As most of the weaknesses can be traced back to the use of economic multipliers (Preuss, 2004a), this study examined adjustments to the traditional models in a second step. Despite a more complicated realisation and its origin in US-specific data the, RIMSII and IMPLAN models, if at all, reduce the negative multiplier effects (Lynch, 2000; Rickman & Schwer, 1995). On this account, the GCE approach emerged and has been hailed a panacea by a number of event-assessing authors (Dwyer et al., 2004, 2006; Partridge & Rickman, 2010), notwithstanding the fact that the approach still fails to reduce the degree of subjectivity in the evaluation (Kasimati & Dawson, 2009). In a third step, the valuation method of Preuss (2004a, 2004b) has been introduced since its different approach to regionalise the primary impact best fits this studies’ objective to present a model that assesses the regional impact of the Olympics. Concluding with a review of five London 2012 studies, this work reveals that several attempts have been made to assess the economic consequences of the event on the British capital. Although a variety of models, including CGE (Blake, 2005), CBA (ARUP, 2002) and IOA (Oxford Economics, 2012), has been employed, it is the author’s belief that the literature still lacks a sufficient investigation on the city’s regional impact.
