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Assessing the Economic Impact of Three Major Sport Events in China: The Perspective of aTtendees

Haiyan Huang, Luke Lunhua Mao, Suk-Kyu Kim and James J. Zhang
Additional contact information
Haiyan Huang: Sport Events Research Centre, Shanghai University of Sport, 399 Changhai Road, Yangpu District, Shanghai 200438, China
Luke Lunhua Mao: Department of Health, Exercise and Sports Sciences, University of New Mexico, Albuquerque, NM 87131, USA
Suk-Kyu Kim: College of General Studies, Sangmyung University, 20, Hongimun 2-Gil, Jongno-Gu, Seoul 110743, Korea
James J. Zhang: Department of Kinesiology, University of Georgia, 363 Ramsey STU CTR, 330 River Road, Athens, GA 30602, USA

Tourism Economics, 2014, vol. 20, issue 6, 1277-1296

Abstract: This study assesses the economic impact of three major sport events – the Formula One Grand Prix (F1), the ATP World Tour Masters 1000 (ATP), and the Shanghai International Marathon (SIM) – on the host city in China. To that end, the authors estimate the amount of different types of attendees at the events, calculate the total expenditures generated by attendees, assess the new money inflow into the host economy and conduct an economic impact assessment via an input–output model using computer software. The results of this study confirm the notion that major sport events can be used as tools to increase the economic activities of the hosts. Furthermore, the study proposes a useful method of assessing the economic impact of sport events in non-consumer-driven economies, such as China.

Keywords: sport events; economic impact; impact assessment; China (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:20:y:2014:i:6:p:1277-1296

DOI: 10.5367/te.2013.0340

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