Direct Economic Short-Term Impact of Public Spending in Sporting Events: The Case of the Elite and Senior Badminton World Championships
María Quirante,
Jordi Seguí-Urbaneja,
Juan Carlos Guevara-Pérez () and
David Cabello-Manrique
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María Quirante: Department of Physical Education and Sports, Faculty of Sport Science, University of Granada, 18011 Granada, Spain
Jordi Seguí-Urbaneja: National Institute of Physical Education of Catalonia (INEFC), University of Lleida (UdL), 25192 Lleida, Spain
Juan Carlos Guevara-Pérez: Faculty of Economics and Business, University of Zaragoza, 50005 Zaragoza, Spain
David Cabello-Manrique: Department of Physical Education and Sports, Faculty of Sport Science, University of Granada, 18011 Granada, Spain
Tourism and Hospitality, 2024, vol. 5, issue 2, 1-14
Abstract:
Sporting events are drivers of urban life and have the potential to bring substantial short-term economic benefits to the host region by attracting visitor spending. This study has analyzed the impact generated by the 2021 Senior and Elite Badminton World Championships that took place in Huelva, Spain. The objectives are (i) determine the economic impact and determining factors; and (ii) the impact on the development of badminton in the region. For this purpose, the study used the Cost-Benefit Analysis approach to estimate the cashflows through a survey applied to both events. The results reflect a direct positive impact on the region’s economy, although the results are not as satisfactory at the sporting level. The article contributes to the few mid-range event studies on a minority sport in a city with a highly developed tourism sector.
Keywords: economic impact; sports events; sport legacy; badminton; cashflow analysis (search for similar items in EconPapers)
JEL-codes: Z3 Z30 Z31 Z32 Z33 Z38 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jtourh:v:5:y:2024:i:2:p:24-394:d:1389857
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