Liam and Noel in Balloch: An Economic Impact Assessment

Graham Senior and Mike Danson
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Graham Senior: Associate Director, EDAW, 219 St Vincent Street, Glasgow G2 5QY, Scotland, UK
Mike Danson: Professor in Scottish and Regional Economics, University of Paisley, High Street, Paisley PA1 2BE, Scotland, UK

Tourism Economics, 1998, vol. 4, issue 3, 265-277

Abstract: This paper estimates the economic benefits that can accrue to a small local economy as the result of staging a major cultural event – a two-day rock festival starring the band Oasis. The paper shows that one-off events do bring economic benefits to the local area, but that they are short-lived, and enjoyed by a few rather than the community as a whole. An events strategy needs to be developed to enable the local business community to plan in advance to take full advantage of the commercial opportunities that such events bring.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:4:y:1998:i:3:p:265-277

DOI: 10.1177/135481669800400305

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