The impact of mega-sport events on tourist arrivals
Johan Fourie and
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María Santana-Gallego: Department of Economics, La Laguna University, Spain
Authors registered in the RePEc Author Service: Maria Santana Gallego ()
No 20/2010, Working Papers from Stellenbosch University, Department of Economics
While a mega-sport event is scheduled at least once every year somewhere in the world, these events are rare occurrences for the host cities and countries. The benefits of such events seem lucrative; the very fact that many countries bid to host these events suggests that the benefits – be they tangible or intangible – more often than not outweigh the costs. Using a standard gravity model of bilateral tourism flows between 200 countries from 1995 to 2006, this paper measures a very direct benefit of such mega-events: the increase in tourist arrivals to the host country. In general, results suggest that mega-events promote tourism but the gain varies depending on the type of mega-event, the participating countries, the host country’s level of development, and whether the event is held during the peak season or off season.
Keywords: Sport mega-events; tourism; World Cup; Olympic Games; trade (search for similar items in EconPapers)
JEL-codes: F19 L83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mig, nep-spo and nep-tur
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https://www.ekon.sun.ac.za/wpapers/2010/wp202010/wp-20-2010.pdf First version, 2010 (application/pdf)
Journal Article: The impact of mega-sport events on tourist arrivals (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:sza:wpaper:wpapers119
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