Efectos de la realización de un megaevento deportivo sobre una economía local. El caso de los Juegos Mundiales 2013 Cali

Luis F. Aguado, Ana M. Osorio, Alexei Arbona and Jesús C. Peña-Vinces

Journal of Economics, Finance and Administrative Science, 2017, vol. 22, issue 43, 131-153

Abstract: Purpose - A summary of the economic impact resulting from the celebration of a sporting mega-event in the city of Cali, Colombia, is carried out in this article. Design/methodology/approach - The impacts are estimated by means of the systematic effects produced by the activities of investment/expenditure of the identified agents and the consequent multiplying effects captured from an input-output model. Findings - The World Games represented a new income flow to the city of Cali of $101.036 million pesos (≡US$53.4 mill.) and 9.598 jobs were created (≡7,711 full-time jobs). Additionally, 2,174 foreign tourists and 11,250 national tourists were attracted to the city. Originality/value - The article contributes with innovative aspects methodologically speaking, useful for future studies of economic impact in cities with low tourism located in developing countries.

Keywords: Economic impact; Sporting mega-events; World Games; Cali; L83; C67 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jefasp:jefas-01-2017-0012

DOI: 10.1108/JEFAS-01-2017-0012

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