2011
DOI: 10.3727/152599511x13082349958154
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The Economic Effects of Cultural Events: The Pintoricchio Exhibition in Perugia

Abstract: The first objective of this article is to describe a methodological approach for the assessment of the economic effects of cultural and entertainment events on a local economy. Through choosing the components of the expenditure and the impact analysis model, the proposed approach represents an advanced synthesis of the path developed in the literature. The second objective of this case study is to offer the policy makers useful information for public policies. The Pintoricchio Exhibition, held in Perugia, Ita… Show more

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Cited by 17 publications
(14 citation statements)
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“…Thus, as often is the case, these local cultures and customs are promoted through tourism development as cities seek new ways of attracting visitors (Richards & Wilson, 2004). If cultural events are properly planned and managed, they can contribute considerably to the local economy, especially if these events are considered as "attractors of tourist flows" (Bracalente, et al, 2011). The 'cultural environment' of cities and rural areas is an important stimulus for tourism, but resident concerns must be considered during all stages of tourism development (Throsby, 2009).…”
Section: Resident Satisfaction and Tourism Development Supportmentioning
confidence: 99%
“…Thus, as often is the case, these local cultures and customs are promoted through tourism development as cities seek new ways of attracting visitors (Richards & Wilson, 2004). If cultural events are properly planned and managed, they can contribute considerably to the local economy, especially if these events are considered as "attractors of tourist flows" (Bracalente, et al, 2011). The 'cultural environment' of cities and rural areas is an important stimulus for tourism, but resident concerns must be considered during all stages of tourism development (Throsby, 2009).…”
Section: Resident Satisfaction and Tourism Development Supportmentioning
confidence: 99%
“…Some impact studies have implemented correct and rigorous methodologies to precisely quantify the economic flows derived at the local level from the organization of an event (Scottish Tourist Board, 1996;Burgan and Mules, 2000;Crompton et al, 2001;Strauss and Lord, 2001;Daniels et al, 2004;Jackson et al, 2005;Tohmo, 2005;Herrero et al, 2007). The total economic impact of an event can be attributed to at least three components (Bracalente et al, 2011b). The first is the direct expenditure of tourists and visitors attracted to the destination by the event (ticket sales, accommodation, meals, transport, shopping and so on); the second is the direct expenditure of the event organizers at the local level (regional suppliers, labour costs and so on); and the third and final component regards the multiplicative effects caused by the direct expenditure of tourists and organizers, consisting in both indirect effects (measured by the value of goods and services supplied in the tourism related chain) and induced effects (arising from the spending of additional earnings on goods and services in the area).…”
Section: Special Events and Tourismmentioning
confidence: 99%
“…Our methodology employed a logit model, with calculations performed by SPSS (Statistical Package for Social Science) [24,89], to examine the correlation between the propensity to exchange knowledge (dependent variable) and the input variables described above (independent variables). In the logit model, independent variables are combined into a linear function that estimates the logarithm of the relationship between the probability that an event will occur and the probability that it will not occur (in our case, the probability of exchanging knowledge and the probability of not exchanging knowledge).…”
Section: Methodsmentioning
confidence: 99%