Events and festivals contribution for local sustainability
Autor: | Renato Lopes da Costa, Álvaro Dias, Mariana Sempiterno, Carlos Jeronimo, Leandro Ferreira Pereira, Nelson António |
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Jazyk: | angličtina |
Rok vydání: | 2021 |
Předmět: |
economic impact
Geography Planning and Development TJ807-830 Management Monitoring Policy and Law TD194-195 Renewable energy sources event and festival management 0502 economics and business Economics GE1-350 Economic impact analysis event evaluation Consumption (economics) Public economics Environmental effects of industries and plants Renewable Energy Sustainability and the Environment 05 social sciences direct expenditure analysis Environmental sciences Economic impact Direct expenditure analysis Event evaluation Local economy Sustainability 050211 marketing Event and festival management 050212 sport leisure & tourism |
Zdroj: | Sustainability, Vol 13, Iss 1520, p 1520 (2021) Repositório Científico de Acesso Aberto de Portugal Repositório Científico de Acesso Aberto de Portugal (RCAAP) instacron:RCAAP Sustainability Volume 13 Issue 3 |
Popis: | Festivals can improve the image of host communities, making them an appealing destination and boosting local economy. However, it is hard to measure their actual impact, which is a key factor to justify governments’ initiatives. This study aims to verify how accurate direct expenditure analysis can be. First, the impact of new visitors’ expenditure is calculated based on a survey. Then, consumption indicators are used to forecast the actual economic impact of the festival. Finally, both results are compared. Even though the values gathered with consumption indicators are only a lower bound of the festival’s impact, this study found that assessing expenditure intentions during the festival leads to impact estimates that can be three times higher. The theoretical contribution of this study is to identify direct expenditure analysis weaknesses and how to reduce their effects info:eu-repo/semantics/publishedVersion |
Databáze: | OpenAIRE |
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