Major Sports Events: Economic Impact

Maennig, Wolfgang

doi:10.2139/ssrn.2990262

Cited by 12 publications

(4 citation statements)

References 94 publications

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“…By using only a subset of countries that did not host the event properly chosen as controls, they find no effects of hosting games on exports, consumption, investment or output. For further in-depth critical discussions of the economic literature on the impact of major sport events see Baade and Matheson (2016), Maennig (2017) and Scandizzo and Pierleoni (2018). This paper contributes to the existing literature in many respects.…”

Section: Introduction ♣mentioning

confidence: 99%

The economic effects of big events: Evidence from the great jubilee 2000 in Rome

Bronzini

Mocetti

Mongardini

2020

Journal of Regional Science

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This paper assesses the short‐ and long‐term economic impact of the 2000 Great Jubilee, the foremost Catholic event occurring every 25 years, on the city of Rome's economy. By applying the synthetic control approach, we find that the value added per capita increases slightly in the short term, whereas in the long term it is not significantly different from what it would have been if Rome had not hosted the Jubilee. However, we do find a significant effect on the employment rate. Consistent with these findings, we document a shift of the local economy toward less productive sectors, such as construction and services requiring lower skills, and an overall productivity loss with respect to the counterfactual scenario. The investment in infrastructure, facilities, and urban refurbishment did not significantly increase housing prices in the long term, with the exception of peripheral residential areas, which experienced an appreciation.

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Section: Introduction ♣mentioning

confidence: 99%

The economic effects of big events: Evidence from the great jubilee 2000 in Rome

Bronzini

Mocetti

Mongardini

2020

Journal of Regional Science

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“…However, the economic impact has widely become, and still is, one of the most cited and most used techniques to decide on whether to host an event or not [22,33]. In addition, the economic impact assessment is also about to maintain as the most popular means to evaluate the public expenditure about the hosting of a sporting event [34].…”

Section: The Impact Of Sport Eventsmentioning

confidence: 99%

The Importance of Sport Event on Hotel Performance for Restarting Tourism After COVID-19

et al. 2020

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The aim of this study was to illustrate the importance of major sports events, such as marathons, and their economic impact on hotel performance during these unpredictable times for the events and tourism industry. The analysis was focused on the economic impact of the marathon event on hotel performance in the area hosting the race. For that purpose, we selected the Vienna City Marathon, held yearly in April, as a case. We hypothesized that there will be a higher impact of hotel performance a day prior to the marathon in regard to the hotel performance in multiple nonmarathon occasions. As indicators for hotel performance we have chosen hotel occupancy, revenue per available room, average daily rate and total revenue recorded for: day (always Saturday) prior to the marathon, year average, April average and average Saturday in April. Results from this study revealed significant effects of a marathon on three major hotel performance indicators (i.e., hotel occupancy, revenue per available room and total revenue). Findings from this study could serve the local government or event planners after the current crisis to justify financial investments in hosting a marathon or similar sports events for restarting tourism.

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“…The results of this study will help sports business owners understand the difficulties and potential obstacles they may face when trying to enter a new market. In VUVA World (volatility, uncertainty, complexity, and ambiguity), it is confirmed that interest in the study of sports tourism and sustainability concepts has been growing in the last four years and there is a generally low concentration of authors and journals (Jiménez-García et al, 2020) and a literature review can be found in Maennig (2017), a meta-analysis can be found in (Li & Jago, 2013). Tourism development should have given positive impact on the surrounding community (Widyaningsih et al, 2020) and in future it should be barrier free for tourism (Seyfi & Hall, 2020).…”

Section: Introductionmentioning

confidence: 95%

Identification barriers to entry in the sport tourism industry: A challenge for local sports entrepreneurs

Yusmawati

Widyaningsih

et al. 2023

j. Sport Area

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The Indonesian sports industry is required by law to contribute to the country's gross domestic product (GDP) by becoming an upstream-to-downstream industry, which refers to the total value added to sports products annually and is a component of GDP. The objectives of this study were to find the factors that become barriers to entry (and also exit) from the sports industry. The study used a qualitative method. Using the purposive method, the data were collected from 10 people including the village head, entrepreneurs, and Cisaat Village Community through FGD’s (Forum Group Disscussion) and semi-structured interviews were gathered. To analyze the data using thematic analysis. Cisaat Village was chosen as an analysis material to find barriers to entry factors, especially for sport tourism. The findings of this study are that the capital factor, the lack of knowledge and experience, human resources, are the most barrier to entry in sport tourism industry. As implications of future research, researchers can use these factors to identify how they affect sports entrepreneurs in their countries. By addressing these barriers, the sports industry can thrive and make a substantial contribution to national economic development.

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Major Sports Events: Economic Impact

Cited by 12 publications

References 94 publications

The economic effects of big events: Evidence from the great jubilee 2000 in Rome

The economic effects of big events: Evidence from the great jubilee 2000 in Rome

The Importance of Sport Event on Hotel Performance for Restarting Tourism After COVID-19

Identification barriers to entry in the sport tourism industry: A challenge for local sports entrepreneurs

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